Schmitt Industries Stock Price, News & Analysis (NASDAQ:SMIT)

$2.40 -0.02 (-0.83 %)
(As of 12/12/2017 02:55 PM ET)
Previous Close$2.42
Today's Range$2.36 - $2.48
52-Week Range$1.48 - $2.69
Volume90,200 shs
Average Volume42,266 shs
Market Capitalization$7.25 million
P/E RatioN/A
Dividend YieldN/A
Beta0.38

About Schmitt Industries (NASDAQ:SMIT)

Schmitt Industries, Inc. designs, manufactures and sells test and measurement products for two main business segments: the Balancer segment and the Measurement segment. The Company operates through two segments: the design and assembly of dynamic balancing systems and components for the machine tool industry (Balancer), and the design and assembly of laser-based test and measurement systems (Measurement). For the Balancer segment, it designs, manufactures and sells computer-controlled vibration detection, balancing and process control systems for the machine tool industry. Under the Measurement segment, the Company through its subsidiary, Schmitt Measurement Systems, Inc., designs, manufactures and sells laser and white light sensors, laser-based micro roughness measurement products, laser-based surface analysis and measurement products, and ultrasonic measurement products. The Company provides sales and service for Europe and Asia through its subsidiary, Schmitt Europe Limited.

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Industry, Sector and Symbol

Industry Testing & Measuring Equipment
Sub-IndustryN/A
SectorIndustrial Products
SymbolNASDAQ:SMIT
CUSIPN/A
Phone503-227-7908

Debt

Debt-to-Equity RatioN/A
Current Ratio3.92%
Quick Ratio1.48%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$12.40 million
Price / Sales0.58
Cash FlowN/A
Price / CashN/A
Book Value$2.33 per share
Price / Book1.03

Profitability

Trailing EPS($0.35)
Net Income$-1,070,000.00
Net Margins-8.59%
Return on Equity-15.15%
Return on Assets-12.32%

Miscellaneous

Employees50
Outstanding Shares3,000,000

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 Friday, October, 6th. The scientific and technical instruments company reported ($0.04) earnings per share for the quarter. The scientific and technical instruments company earned $3.08 million during the quarter. Schmitt Industries had a negative net margin of 8.59% and a negative return on equity of 15.15%. View Schmitt Industries' Earnings History.

When will Schmitt Industries make its next earnings announcement?

Schmitt Industries is scheduled to release their next quarterly earnings announcement on Wednesday, December, 13th 2017. View Earnings Estimates for Schmitt Industries.

Who are some of Schmitt Industries' key competitors?

Who are Schmitt Industries' key executives?

Schmitt Industries' management team includes the folowing people:

  • Michael J. Ellsworth, Chairman of the Board
  • David M. Hudson, President, Chief Executive Officer, Director
  • Ann M. Ferguson, Chief Financial Officer, Treasurer, Corporate Secretary
  • David W. Case, Vice President - Operations
  • Linda M. Case, Corporate Secretary
  • Charles Davidson, Director
  • Maynard E. Brown, Independent Director

Who owns Schmitt Industries stock?

Schmitt Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include GAMCO INVESTORS, INC. ET AL (10.48%) and GAMCO INVESTORS, INC. ET AL (8.26%). Company insiders that own Schmitt Industries stock include Charles Davidson, David Hudson and Maynard E Brown. View Institutional Ownership Trends for Schmitt Industries.

How do I buy Schmitt Industries stock?

Shares of Schmitt Industries 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 Schmitt Industries' stock price today?

One share of Schmitt Industries stock can currently be purchased for approximately $2.40.

How big of a company is Schmitt Industries?

Schmitt Industries has a market capitalization of $7.25 million and generates $12.40 million in revenue each year. The scientific and technical instruments company earns $-1,070,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis. Schmitt Industries employs 50 workers across the globe.

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 (SMIT)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  21 (Vote Outperform)
Underperform Votes:  39 (Vote Underperform)
Total Votes:  60
MarketBeat's community ratings are surveys of what our community members think about Schmitt Industries 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.

Analyst Ratings

Schmitt Industries (NASDAQ:SMIT) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Schmitt Industries (NASDAQ:SMIT) Earnings History and Estimates Chart

Earnings by Quarter for Schmitt Industries (NASDAQ:SMIT)

Schmitt Industries (NASDAQ SMIT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/4/2018N/AView Earnings Details
10/6/2017Q1 2018($0.04)$3.08 millionViewN/AView Earnings Details
7/14/2017Q4 2017($0.14)$3.65 millionViewN/AView Earnings Details
4/7/2017Q3 2017($0.04)$3.20 millionViewN/AView Earnings Details
1/8/2016Q216($0.13)$3.07 millionViewN/AView Earnings Details
1/9/2015Q214($0.02)$3.15 millionViewN/AView Earnings Details
10/3/2014Q114$0.02$3.05 millionViewN/AView Earnings Details
1/10/2014Nov 2013($0.05)ViewN/AView Earnings Details
4/9/2013Q3 2013($0.06)$3.16 million$2.80 millionViewN/AView Earnings Details
1/9/2013Q213($0.03)$3.50 million$2.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Schmitt Industries (NASDAQ:SMIT) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Schmitt Industries (NASDAQ:SMIT)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Schmitt Industries (NASDAQ SMIT) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 13.00%
Institutional Ownership Percentage: 21.99%
Insider Trades by Quarter for Schmitt Industries (NASDAQ:SMIT)

Schmitt Industries (NASDAQ SMIT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/28/2017David HudsonCEOBuy3,500$1.60$5,600.00View SEC Filing  
8/16/2017David HudsonCEOBuy2,000$1.60$3,200.00View SEC Filing  
8/11/2017Maynard E BrownDirectorBuy5,000$1.65$8,250.00View SEC Filing  
5/31/2017Maynard E BrownDirectorBuy10,000$1.74$17,400.00View SEC Filing  
5/11/2017David HudsonCEOBuy3,307$1.69$5,588.83View SEC Filing  
7/25/2016Charles DavidsonDirectorBuy1,000$1.90$1,900.00View SEC Filing  
10/12/2012James A FitzhenryCEOBuy10,000$3.20$32,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Schmitt Industries (NASDAQ SMIT) News Headlines

Source:
DateHeadline
Schmitt Industries, Inc. Announces Earnings Release Date for Second Quarter FY2018Schmitt Industries, Inc. Announces Earnings Release Date for Second Quarter FY2018
finance.yahoo.com - December 6 at 11:07 AM
ValuEngine Upgrades Schmitt Industries (SMIT) to "Buy"ValuEngine Upgrades Schmitt Industries (SMIT) to "Buy"
www.americanbankingnews.com - November 30 at 10:28 PM
Schmitt Industries, Inc. Announces Record Date for Its Rights Offering to ShareholdersSchmitt Industries, Inc. Announces Record Date for Its Rights Offering to Shareholders
finance.yahoo.com - November 14 at 8:02 AM
Schmitt Industries, Inc. Announces Plans for Rights Offering to ShareholdersSchmitt Industries, Inc. Announces Plans for Rights Offering to Shareholders
finance.yahoo.com - November 4 at 3:49 PM
Should You Be Concerned About Schmitt Industries Inc’s (SMIT) Shareholders?Should You Be Concerned About Schmitt Industries Inc’s (SMIT) Shareholders?
finance.yahoo.com - November 4 at 3:49 PM
Schmitt Industries, Inc. :SMIT-US: Earnings Analysis: Q1, 2018 By the Numbers : October 16, 2017Schmitt Industries, Inc. :SMIT-US: Earnings Analysis: Q1, 2018 By the Numbers : October 16, 2017
finance.yahoo.com - October 17 at 7:22 AM
Schmitt Industries Announces First Quarter Fiscal 2018 Operating ResultsSchmitt Industries Announces First Quarter Fiscal 2018 Operating Results
finance.yahoo.com - October 7 at 8:36 AM
Schmitt Industries, Inc. (SMIT) Releases  Earnings ResultsSchmitt Industries, Inc. (SMIT) Releases Earnings Results
www.americanbankingnews.com - October 7 at 8:20 AM
Schmitt Industries, Inc. (SMIT) to Release Quarterly Earnings on ThursdaySchmitt Industries, Inc. (SMIT) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - September 28 at 1:04 AM
Raven Industries (RAVN) to Acquire Colorado Lining InternationalRaven Industries (RAVN) to Acquire Colorado Lining International
www.streetinsider.com - August 24 at 12:55 PM
Schmitt Industries, Inc. :SMIT-US: Earnings Analysis: Q4, 2017 By the Numbers : August 17, 2017Schmitt Industries, Inc. :SMIT-US: Earnings Analysis: Q4, 2017 By the Numbers : August 17, 2017
finance.yahoo.com - August 18 at 7:17 AM
Schmitt Industries Announces Annual Meeting DateSchmitt Industries Announces Annual Meeting Date
finance.yahoo.com - August 18 at 7:17 AM
Schmitt Industries, Inc. (SMIT) Releases Quarterly  Earnings ResultsSchmitt Industries, Inc. (SMIT) Releases Quarterly Earnings Results
www.americanbankingnews.com - July 17 at 10:56 AM
Schmitt Industries Announces Fourth Quarter and Fiscal 2017 Operating ResultsSchmitt Industries Announces Fourth Quarter and Fiscal 2017 Operating Results
finance.yahoo.com - July 15 at 8:44 AM
Schmitt Industries (SMIT) Names Michael Ellsworth as Chairman of the Board of DirectorsSchmitt Industries (SMIT) Names Michael Ellsworth as Chairman of the Board of Directors
www.streetinsider.com - January 7 at 4:41 AM
Schmitt Industries, Inc. Announces Appointment Of Chairman Of The Board Of DirectorsSchmitt Industries, Inc. Announces Appointment Of Chairman Of The Board Of Directors
www.thestreet.com - January 7 at 4:41 AM
Schmitt Industries (SMIT) Announces the Retirement of Chairman Wayne Case from All PositionsSchmitt Industries (SMIT) Announces the Retirement of Chairman Wayne Case from All Positions
www.streetinsider.com - December 18 at 10:31 PM
SCHMITT INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and ExhibiSCHMITT INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibi
us.rd.yahoo.com - December 17 at 1:00 AM
4:08 pm Schmitt Industries Chairman Wayne A. Case to retire effective December 314:08 pm Schmitt Industries Chairman Wayne A. Case to retire effective December 31
us.rd.yahoo.com - December 17 at 1:00 AM
SCHMITT INDUSTRIES INC Files SEC form 10-Q, Quarterly ReportSCHMITT INDUSTRIES INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - October 12 at 8:09 AM
SCHMITT INDUSTRIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security HoldersSCHMITT INDUSTRIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - October 12 at 8:09 AM
SCHMITT INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and ExSCHMITT INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
biz.yahoo.com - October 10 at 3:43 PM

SEC Filings

Schmitt Industries (NASDAQ:SMIT) SEC Filings

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Social Media

Financials

Schmitt Industries (NASDAQ:SMIT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Schmitt Industries (NASDAQ SMIT) Stock Chart for Tuesday, December, 12, 2017

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This page was last updated on 12/12/2017 by MarketBeat.com Staff

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