Horiba (OTCMKTS:HRIBF – Get Free Report) posted its earnings results on Friday. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.73, Zacks reports. Horiba had a return on equity of 12.08% and a net margin of 10.87%.
Horiba Price Performance
Shares of OTCMKTS:HRIBF remained flat at $162.47 during mid-day trading on Friday. Horiba has a 12-month low of $73.11 and a 12-month high of $166.67. The company has a quick ratio of 2.11, a current ratio of 2.94 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $160.44 and its 200-day moving average is $137.92. The stock has a market cap of $6.82 billion, a PE ratio of 27.54 and a beta of 0.23.
Horiba Company Profile
Horiba Ltd. is a diversified manufacturer specializing in precision instruments for measurement, analysis and process control. The company’s product portfolio spans a broad spectrum of industries, including automotive testing, environmental monitoring, semiconductor process engineering and medical diagnostics. By leveraging advanced sensing technologies and software integration, Horiba enables customers to obtain reliable data for research, development, compliance and quality assurance purposes.
In the automotive sector, Horiba offers dynamometers, emission measurement systems and powertrain testing equipment that help manufacturers and regulatory agencies evaluate fuel efficiency and exhaust emissions.
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