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: Computer and Technology
- Industry: Diversified Electronics
- Sub-Industry: N/A
- Symbol: NASDAQ:HTCH
- CUSIP: N/A
- Web: www.htch.com
- 50 Day Moving Avg: $3.34
- 200 Day Moving Avg: $3.06
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -4.42
- P/E Growth: 0.00
- Net Margins: -13.26%
- Return on Equity: -37.76%
- Return on Assets: -10.05%
- Debt-to-Equity Ratio: 0.79%
- Current Ratio: 0.79%
- Quick Ratio: 0.52%
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) announced its earnings results on Friday, July, 29th. The company reported ($0.18) EPS for the quarter, topping the consensus estimate of ($0.25) by $0.07. The firm had revenue of $53.20 million for the quarter, compared to the consensus estimate of $54.65 million. Hutchinson Technology Incorporated had a negative net margin of 13.26% and a negative return on equity of 37.76%. The business's quarterly revenue was down 17.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.26) EPS. 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 TE Connectivity Ltd (TEL), Corning Incorporated (GLW), Amphenol (APH), Kyocera Corp (KYO), LG Display Co (LPL), Acuity Brands (AYI), Dolby Laboratories (DLB), Advanced Energy Industries (AEIS), Sanmina Corp (SANM), AVX (AVX), Rogers (ROG), Silicon Motion Technology Corp. (SIMO), Orbotech Ltd (ORBK), Methode Electronics (MEI), Encore Wire (WIRE), CTS (CTS), KEMET (KEM) and Kimball Electronics (KE).
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.
How much does a share of Hutchinson Technology Incorporated stock cost?
One share of Hutchinson Technology Incorporated stock can currently be purchased for approximately $3.98.
Consensus Ratings for Hutchinson Technology Incorporated (NASDAQ:HTCH) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|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)
(Data available from 5/24/2015 forward)
|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|
|8/10/2015||Northland Securities||Initiated Coverage||Outperform||$4.00||N/A|
Earnings History for Hutchinson Technology Incorporated (NASDAQ:HTCH)Earnings History by Quarter for Hutchinson Technology Incorporated (NASDAQ:HTCH)
(Data available from 1/1/2011 forward)
|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|
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%Insider Trades by Quarter for Hutchinson Technology Incorporated (NASDAQ:HTCH)
Institutional Ownership Percentage: 31.60%
(Data available from 1/1/2013 forward)
|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|| |
Headline Trends for Hutchinson Technology Incorporated (NASDAQ:HTCH)
Latest Headlines for Hutchinson Technology Incorporated (NASDAQ:HTCH)
Hutchinson Technology Incorporated (HTCH) Chart for Wednesday, May, 24, 2017