Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company's Balancer segment offers computer-controlled vibration detection, balancing, and process control systems. Its products comprise Schmitt Dynamic Balance System, which consists of a vibration sensor, a computer control unit, and a balance head; SB-5500, an optional acoustic emission monitoring system (AEMS) control card to monitor the AE signals generated on the grinding machine; process control cards to provide enhanced control of the grinding process; SB-2000, a compact manual balancing system; and AE-1000, an AE control platform, which reduces air machine grinding time. This segment sells its products to end user operators, as well as manufacturers of grinding machines for automotive, industrial, aerospace, and medical industries through independent manufacturers' representatives and distributors. Its Measurement segment provides laser and white light sensors for distance, dimensional, and area measurement for various commercial applications; and ultrasonic measurement products that measure the levels of liquid tanks and transmit that data through satellite to a secure Website for display. This segment's products include distance measurement, laser displacement, and chromatic confocal sensors, as well as laser line scanners; and remote tank monitoring products. The company offers its products under the SBS, Acuity, Xact, SMS, Lasercheck, and AccuProfile trademarks. Schmitt Industries, Inc. was founded in 1984 and is headquartered in Portland, Oregon.
Industry, Sector and Symbol
Industry Process control instruments
Sub-IndustryN/A
SectorIndustrial Products
Phone503-227-7908
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$13.81 million
Profitability
Miscellaneous
Employees54
Next Earnings Date4/8/2020 (Estimated)
OptionableNot Optionable
Schmitt Industries (NASDAQ:SMIT) Frequently Asked Questions
What is Schmitt Industries' stock symbol?
Schmitt Industries trades on the NASDAQ under the ticker symbol "SMIT."
How were Schmitt Industries' earnings last quarter?
Schmitt Industries, Inc. (NASDAQ:SMIT) issued its earnings results on Thursday, January, 10th. The scientific and technical instruments company reported ($0.06) earnings per share (EPS) for the quarter. The scientific and technical instruments company earned $3.50 million during the quarter. Schmitt Industries had a net margin of 36.01% and a return on equity of 4.17%. View Schmitt Industries' Earnings History.
When is Schmitt Industries' next earnings date?
Has Schmitt Industries been receiving favorable news coverage?
News stories about SMIT stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Schmitt Industries earned a news impact score of 3.0 on InfoTrie's scale. They also gave media headlines about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Schmitt Industries.
Are investors shorting Schmitt Industries?
Schmitt Industries saw a increase in short interest in December. As of December 31st, there was short interest totalling 76,200 shares, an increase of 33.0% from the December 15th total of 57,300 shares. Based on an average daily trading volume, of 47,300 shares, the short-interest ratio is currently 1.6 days. Currently, 2.0% of the company's stock are short sold. View Schmitt Industries' Current Options Chain.
Who are some of Schmitt Industries' key competitors?
What other stocks do shareholders of Schmitt Industries own?
Who are Schmitt Industries' key executives?
Schmitt Industries' management team includes the folowing people:
- Ms. Ann M. Ferguson, CFO, Treasurer, Corp. Sec. & GM of Xact (Age 50)
- Mr. David W. Case, Special Advisor (Age 55)
- Mr. Michael R. Zapata, Exec. Chairman & Pres (Age 40)
- Ms. Donna Witkowski, Pres of SBS
How do I buy shares of Schmitt Industries?
Shares of SMIT 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, Robinhood, Fidelity and Charles Schwab.
What is Schmitt Industries' stock price today?
One share of SMIT stock can currently be purchased for approximately $3.48.
How big of a company is Schmitt Industries?
What is Schmitt Industries' official website?
How can I contact Schmitt Industries?
Schmitt Industries' mailing address is 2765 NW NICOLAI ST, PORTLAND OR, 97210. The scientific and technical instruments company can be reached via phone at 503-227-7908.
MarketBeat Community Rating for Schmitt Industries (NASDAQ SMIT)
MarketBeat's community ratings are surveys of what our community members think about Schmitt Industries and other stocks. Vote "Outperform" if you believe SMIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SMIT will underperform the S&P 500 over the long term. You may vote once every thirty days.
