Shares of DISCO CORP (OTCMKTS:DSCSY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $24.95, but opened at $26.40. DISCO shares last traded at $26.06, with a volume of 87,877 shares changing hands.
DISCO Stock Performance
The firm has a market capitalization of $28.69 billion, a PE ratio of 33.72 and a beta of 1.28. The firm's 50-day moving average is $22.12 and its 200 day moving average is $24.65.
DISCO (OTCMKTS:DSCSY - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03. DISCO had a return on equity of 27.83% and a net margin of 31.51%. The firm had revenue of $791.78 million during the quarter, compared to the consensus estimate of $725.68 million. As a group, equities analysts anticipate that DISCO CORP will post 0.7 earnings per share for the current year.
About DISCO
(
Get Free Report)
Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.
Further Reading
Before you consider Disco, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Disco wasn't on the list.
While Disco currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
