Disco (OTCMKTS:DSCSY - Get Free Report) was upgraded by stock analysts at Macquarie from a "hold" rating to a "strong-buy" rating in a research note issued on Wednesday,Zacks.com reports.
Disco Stock Performance
Shares of DSCSY stock opened at $29.51 on Wednesday. Disco has a 1 year low of $16.10 and a 1 year high of $42.93. The business's fifty day moving average is $24.34 and its 200-day moving average is $24.81. The stock has a market cap of $31.99 billion, a PE ratio of 39.87 and a beta of 1.35.
Disco (OTCMKTS:DSCSY - Get Free Report) last released its earnings results on Thursday, April 17th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $725.68 million. Equities research analysts predict that Disco will post 0.7 earnings per share for the current year.
Disco Company Profile
(
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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.
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