Smc Corporation (OTCMKTS:SMCAY – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $17.65, but opened at $18.95. SMC shares last traded at $18.55, with a volume of 1,409,702 shares traded.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded SMC from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, SMC currently has an average rating of “Hold”.
SMC Stock Performance
The firm’s 50-day moving average is $21.45 and its 200 day moving average is $21.87. The stock has a market cap of $23.89 billion, a PE ratio of 18.16, a P/E/G ratio of 1.26 and a beta of 1.19.
SMC (OTCMKTS:SMCAY – Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.10. SMC had a net margin of 21.94% and a return on equity of 9.40%. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.54 billion. On average, sell-side analysts predict that Smc Corporation will post 1.06 EPS for the current fiscal year.
About SMC
Read More
- Five stocks we like better than SMC
- America’s Rare Earth Clock Is Running Out, But the Bottleneck Isn’t Where You Think
- Atlassian Tanks After Huge Run as Guidance Disappoints, But Strength Remains
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
Receive News & Ratings for SMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SMC and related companies with MarketBeat.com's FREE daily email newsletter.
