Horiba (OTCMKTS:HRIBF – Get Free Report) posted its quarterly earnings results on Friday. The company reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.88 by $0.31, Zacks reports. The firm had revenue of $646.77 million during the quarter, compared to the consensus estimate of $600.68 million. Horiba had a return on equity of 13.28% and a net margin of 11.80%.
Horiba Stock Performance
HRIBF stock remained flat at $114.08 during trading hours on Friday. The company has a market capitalization of $4.79 billion, a P/E ratio of 17.31 and a beta of 0.27. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.14 and a current ratio of 2.93. The business’s fifty day simple moving average is $134.81 and its 200-day simple moving average is $140.48. Horiba has a fifty-two week low of $84.00 and a fifty-two week high of $166.67.
About Horiba
HORIBA, Ltd. is a Japan-based manufacturer of analytical and measurement instruments and systems. Its products support research, industrial production, environmental monitoring, healthcare, and automotive testing. The company’s offerings include systems for evaluating vehicle emissions and performance; instruments for monitoring air and water quality and industrial processes; medical diagnostic equipment; semiconductor process-control tools; and scientific analyzers used in laboratories and research settings.
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