Hutchinson Technology Incorporated is a global supplier of critical precision component technologies. The Company is engaged in manufacturing suspension assemblies for all sizes and types of hard disk drives. Suspension assemblies are components of disk drives that hold the read/write heads in position above the spinning magnetic disks. It manufactures its suspension assemblies with technology and processes with low part-to-part variation. The Company categorizes its products as either suspension assemblies or other revenue, which consists primarily of revenue outside of the disk drive industry for precision component manufacturing, tool design, tool build and metrology, suspension assembly components, reimbursement for disk drive industry-related engineering services and specific disk drive program capacity, and biomeasurement products. It sells its suspension assemblies to original equipment manufacturers.
Industry, Sector and Symbol:
- Sector: Industrials
- Industry: Industrial Parts & Components
- Sub-Industry: N/A
- Symbol: NASDAQ:HTCH
- CUSIP: N/A
- Web: www.htch.com
Average Prices:- 50 Day Moving Avg: $3.34
- 200 Day Moving Avg: $3.06
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -4.42
- P/E Growth: 0.00
Profitability:- Net Margins: -12.87%
- Return on Equity: -50.69%
- Return on Assets: -12.38%
Debt:- Debt-to-Equity Ratio: 0.79%
- Current Ratio: 0.79%
- Quick Ratio: 0.52%
Misc:
Frequently Asked Questions for Hutchinson Technology Incorporated (NASDAQ:HTCH)
What is Hutchinson Technology Incorporated's stock symbol?
Hutchinson Technology Incorporated trades on the NASDAQ under the ticker symbol "HTCH."
How were Hutchinson Technology Incorporated's earnings last quarter?
Hutchinson Technology Incorporated (NASDAQ:HTCH) issued its earnings results on Friday, July, 29th. The company reported ($0.18) earnings per share for the quarter, beating analysts' consensus estimates of ($0.25) by $0.07. The firm had revenue of $53.20 million for the quarter, compared to analyst estimates of $54.65 million. Hutchinson Technology Incorporated had a negative net margin of 12.87% and a negative return on equity of 50.69%. The company's quarterly revenue was down 17.8% on a year-over-year basis. During the same quarter last year, the business posted ($0.26) earnings per share. View Hutchinson Technology Incorporated's Earnings History.
Who are some of Hutchinson Technology Incorporated's key competitors?
Some companies that are related to Hutchinson Technology Incorporated include E I Du Pont De Nemours And Co (DD), Redt Energy PLC (CCE), Relx PLC (REL), Precision Castparts Corp. (PCP), Ryanair Holdings Plc (RYA), BAE Systems plc (BA), Rolls-Royce Holding PLC (RR), CNH Industrial NV (CNHI), Experian plc (EXPN), Pall (PLL), International Consolidated Airlns Grp SA (IAG), Worldpay Group PLC (WPG), Ashtead Group plc (AHT), Intertek Group plc (ITRK), Bunzl plc (BNZL), Smiths Group plc (SMIN), Genpact Limited (G) and Rentokil Initial plc (RTO).
How do I buy Hutchinson Technology Incorporated stock?
Shares of Hutchinson Technology Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Hutchinson Technology Incorporated's stock price today?
One share of Hutchinson Technology Incorporated stock can currently be purchased for approximately $3.98.
MarketBeat Community Rating for Hutchinson Technology Incorporated (NASDAQ HTCH)MarketBeat's community ratings are surveys of what our community members think about Hutchinson Technology Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Hutchinson Technology Incorporated (NASDAQ:HTCH) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Hutchinson Technology Incorporated (NASDAQ:HTCH)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 11/3/2015 | Benchmark Co. | Boost Price Target | Hold | $2.00 -> $4.00 | N/A |  |
(Data available from 9/20/2015 forward)
Earnings History for Hutchinson Technology Incorporated (NASDAQ:HTCH)Earnings History by Quarter for Hutchinson Technology Incorporated (NASDAQ HTCH)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/29/2016 | Q316 | ($0.25) | ($0.18) | $54.65 million | $53.20 million | View | N/A | |
| 4/27/2016 | Q216 | ($0.22) | ($0.25) | $56.25 million | $54.16 million | View | N/A | |
| 1/25/2016 | Q116 | ($0.16) | ($0.06) | $66.00 million | $63.90 million | View | N/A | |
| 11/2/2015 | Q415 | ($0.24) | ($0.20) | $60.90 million | $63.40 million | View | Listen | |
| 7/30/2015 | Q315 | ($0.31) | ($0.26) | $54.88 million | $54.70 million | View | Listen | |
| 4/30/2015 | Q215 | ($0.25) | ($0.28) | $61.94 million | $62.40 million | View | Listen | |
| 1/28/2015 | Q115 | ($0.13) | ($0.15) | $71.90 million | $72.40 million | View | Listen | |
| 8/1/2014 | Q314 | ($0.34) | ($0.32) | $60.32 million | $59.80 million | View | Listen | |
| 5/1/2014 | Q214 | ($0.27) | ($0.26) | $60.90 million | $60.70 million | View | Listen | |
| 1/28/2014 | Q114 | ($0.33) | ($0.37) | $70.10 million | $70.30 million | View | Listen | |
| 7/25/2013 | Q3 2013 | ($0.21) | $0.41 | $61.95 million | $61.30 million | View | Listen | |
| 4/30/2013 | Q2 2013 | ($0.34) | ($0.16) | $62.64 million | $60.90 million | View | Listen | |
| 1/29/2013 | Q1 2013 | ($0.48) | ($0.19) | $64.43 million | $63.70 million | View | Listen | |
| 11/8/2012 | Q312 | ($0.68) | ($0.54) | $60.31 million | $63.60 million | View | N/A | |
| 7/26/2012 | | ($0.51) | ($0.62) | | | View | N/A | |
| 1/24/2012 | | ($0.80) | ($0.49) | | | View | N/A | |
| 11/1/2011 | | ($0.16) | ($0.34) | | | View | N/A | |
| 4/26/2011 | | ($0.77) | ($0.71) | | | View | N/A | |
| 1/25/2011 | | ($0.81) | ($0.73) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Hutchinson Technology Incorporated (NASDAQ:HTCH)Current Year EPS Consensus Estimate: $-0.71 EPS
Next Year EPS Consensus Estimate: $-0.90 EPS
Dividend History for Hutchinson Technology Incorporated (NASDAQ:HTCH)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Hutchinson Technology Incorporated (NASDAQ:HTCH)Insider Ownership Percentage: 7.60%
Institutional Ownership Percentage: 31.60%
Insider Trades by Quarter for Hutchinson Technology Incorporated (NASDAQ:HTCH)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 2/2/2015 | Thomas R Verhage | Director | Buy | 8,000 | $3.41 | $27,280.00 | |
| 1/30/2015 | Russell Huffer | Director | Buy | 2,000 | $3.43 | $6,860.00 | |
| 11/14/2014 | Duane Mark Jelkin | VP | Sell | 1,593 | $3.63 | $5,782.59 | |
| 12/4/2013 | Frank Russomanno | Director | Buy | 1,500 | $2.97 | $4,455.00 | |
| 11/4/2013 | Thomas R Verhage | Director | Buy | 13,000 | $3.11 | $40,430.00 | |
| 8/27/2013 | Frank Russomanno | Director | Buy | 2,000 | $3.42 | $6,840.00 | |
| 5/22/2013 | Frank P Russomanno | Director | Buy | 1,000 | $5.32 | $5,320.00 | |
| 5/9/2013 | Frank P Russomanno | Director | Buy | 1,500 | $3.16 | $4,740.00 | |
| 5/8/2013 | Martha Goldberg Aronson | Director | Buy | 15,000 | $3.21 | $48,150.00 | |
| 5/6/2013 | Russell Huffer | Director | Buy | 5,000 | $3.12 | $15,600.00 | |
| 5/2/2013 | Thomas R Verhage | Director | Buy | 36,075 | $2.77 | $99,927.75 | |
| 2/12/2013 | Frank P Russomanno | Director | Buy | 2,000 | $2.96 | $5,920.00 | |
| 11/28/2012 | Frank P Russomanno | Director | Buy | 2,500 | $1.63 | $4,075.00 | |
| 8/28/2012 | Martha Goldberg Aronson | Director | Buy | 10,000 | $1.65 | $16,500.00 | |
| 8/14/2012 | Russell Huffer | Director | Buy | 5,000 | $1.64 | $8,200.00 | |
| 8/9/2012 | Frank P Russomanno | Director | Buy | 5,000 | $1.39 | $6,950.00 | |
| 8/9/2012 | Richard J Penn | VP | Buy | 30,000 | $1.40 | $42,000.00 | |
| 8/8/2012 | Philip Soran | Director | Buy | 15,000 | $1.41 | $21,150.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Hutchinson Technology Incorporated (NASDAQ:HTCH)
Latest Headlines for Hutchinson Technology Incorporated (NASDAQ:HTCH)
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Hutchinson Technology Incorporated (HTCH) Chart for Wednesday, September, 20, 2017
