Indra Sistemas (OTCMKTS:ISMAY) Posts Earnings Results

Indra Sistemas (OTCMKTS:ISMAY) released its earnings results on Thursday. The company reported $0.48 earnings per share (EPS) for the quarter, Zacks reports. Indra Sistemas had a return on equity of 25.99% and a net margin of 8.02%.The firm had revenue of $2.14 billion during the quarter.

Indra Sistemas Trading Up 8.2%

Indra Sistemas stock opened at $31.55 on Friday. Indra Sistemas has a 1-year low of $19.06 and a 1-year high of $38.30. The company has a fifty day simple moving average of $29.88 and a 200 day simple moving average of $30.94. The company has a market cap of $11.15 billion, a P/E ratio of 21.17 and a beta of 0.66.

Analyst Ratings Changes

Separately, Morgan Stanley raised Indra Sistemas to an “overweight” rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Indra Sistemas presently has an average rating of “Buy”.

Indra Sistemas Company Profile

Indra Sistemas SA is a Madrid-based global technology and consulting firm specializing in information and communications technology (ICT) and defense systems. The company designs, develops and implements turnkey solutions for sectors including transportation, energy, public administration, financial services, telecommunications and security. Through system integration, application development, managed services and outsourcing, Indra helps clients navigate digital transformation and optimize operational performance.

In its defense and security business, Indra delivers radar systems, air traffic management platforms, command-and-control centers, simulation and training tools, as well as cybersecurity solutions.