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
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNASDAQ:HTCH
CUSIPN/A
Phone+1-320-5873797
Debt
Debt-to-Equity Ratio0.79
Current Ratio0.79
Quick Ratio0.52
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-12.87%
Return on Equity-50.69%
Return on Assets-12.38%
Miscellaneous
Employees2,412
Outstanding Shares33,920,000
Hutchinson Technology (NASDAQ:HTCH) Frequently Asked Questions
What is Hutchinson Technology's stock symbol?
Hutchinson Technology trades on the NASDAQ under the ticker symbol "HTCH."
How were Hutchinson Technology's earnings last quarter?
Hutchinson Technology Incorporated (NASDAQ:HTCH) released its earnings results on Friday, July, 29th. The electronics maker reported ($0.18) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.25) by $0.07. The electronics maker earned $53.20 million during the quarter, compared to analyst estimates of $54.65 million. Hutchinson Technology had a negative net margin of 12.87% and a negative return on equity of 50.69%. The business's revenue was down 17.8% on a year-over-year basis. During the same quarter last year, the business earned ($0.26) EPS. View Hutchinson Technology's Earnings History.
Has Hutchinson Technology been receiving favorable news coverage?
Media headlines about HTCH stock have trended somewhat negative this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hutchinson Technology earned a daily sentiment score of -0.20 on Accern's scale. They also assigned press coverage about the electronics maker an impact score of 45.91 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
How do I buy shares of Hutchinson Technology?
Shares of HTCH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Hutchinson Technology's stock price today?
One share of HTCH stock can currently be purchased for approximately $4.00.
How can I contact Hutchinson Technology?
Hutchinson Technology's mailing address is 40 W Highland Park Dr NE, HUTCHINSON, MN 55350-9783, United States. The electronics maker can be reached via phone at +1-320-5873797.
MarketBeat Community Rating for Hutchinson Technology (HTCH)
MarketBeat's community ratings are surveys of what our community members think about Hutchinson Technology and other stocks. Vote "Outperform" if you believe HTCH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HTCH will underperform the S&P 500 over the long term. You may vote once every thirty days.
