Free Trial

SMC (OTCMKTS:SMCAY) Trading 2.8% Higher - Here's Why

SMC logo with Computer and Technology background

Shares of SMC Co. (OTCMKTS:SMCAY - Get Free Report) were up 2.8% during trading on Tuesday . The stock traded as high as $19.50 and last traded at $19.04. Approximately 559,941 shares changed hands during trading, a decline of 4% from the average daily volume of 580,630 shares. The stock had previously closed at $18.52.

SMC Price Performance

The stock has a market cap of $24.42 billion, a P/E ratio of 22.79, a price-to-earnings-growth ratio of 16.73 and a beta of 1.01. The stock's 50 day simple moving average is $17.10 and its two-hundred day simple moving average is $18.66.

SMC (OTCMKTS:SMCAY - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.14 by $0.05. The business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $200.60 billion. SMC had a net margin of 20.52% and a return on equity of 8.31%. As a group, analysts forecast that SMC Co. will post 0.79 earnings per share for the current fiscal year.

SMC Company Profile

(Get Free Report)

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.

See Also

Should You Invest $1,000 in SMC Right Now?

Before you consider SMC, 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 SMC wasn't on the list.

While SMC currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Next Palantir? AI-Defense Stock Set for Explosive Growth
2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines