Horiba (OTCMKTS:HRIBF) Hits New 1-Year High - Still a Buy?

Key Points

• Horiba Ltd. reached a new 52-week high of $84.00, reflecting a significant increase from its previous close of $74.00.
• In its latest earnings report, the company posted $1.27 EPS, exceeding analyst expectations of $1.05 and demonstrating a net margin of 11.19%.
• Horiba operates in five segments, including Automotive and Medical, providing a diverse range of instruments and systems worldwide.

Horiba Ltd. (OTCMKTS:HRIBF - Get Free Report)'s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $84.00 and last traded at $84.00, with a volume of 250 shares trading hands. The stock had previously closed at $74.00.

Horiba Stock Up 13.5%

The firm has a market cap of $3.52 billion, a price-to-earnings ratio of 14.63 and a beta of 0.22. The firm's 50 day moving average price is $70.98 and its two-hundred day moving average price is $64.46. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.38 and a quick ratio of 2.37.

Horiba (OTCMKTS:HRIBF - Get Free Report) last issued its earnings results on Tuesday, August 12th. The company reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.22. Horiba had a net margin of 11.19% and a return on equity of 12.26%. The company had revenue of $534.76 million during the quarter, compared to analysts' expectations of $533.30 million.

Horiba Company Profile

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.

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