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About Schmitt Industries (NASDAQ:SMIT)
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; laser-based micro-roughness measurement products for the semiconductor wafer, hard disk drive, and other industrial applications; laser-based surface analysis and measurement products for various scientific 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
SymbolNASDAQ:SMIT
CUSIPN/A
Phone503-227-7908
Debt
Debt-to-Equity RatioN/A
Current Ratio5.69
Quick Ratio2.51
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 / Sales0.70
Cash FlowN/A
Price / CashN/A
Book Value$2.33 per share
Price / Book0.94
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-1,070,000.00
Net Margins-3.27%
Return on Equity-5.96%
Return on Assets-4.76%
Miscellaneous
Employees50
Outstanding Shares3,990,000
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 quarterly earnings results on Wednesday, December, 13th. The scientific and technical instruments company reported $0.03 EPS for the quarter. The scientific and technical instruments company earned $3.77 million during the quarter. Schmitt Industries had a negative net margin of 3.27% and a negative return on equity of 5.96%. View Schmitt Industries' Earnings History.
Who are some of Schmitt Industries' key competitors?
Who are Schmitt Industries' key executives?
Schmitt Industries' management team includes the folowing people:
- Mr. David W. Case, Pres & CEO (Age 54)
- Ms. Ann M. Ferguson, CFO, Treasurer & Corp. Sec. (Age 49)
Has Schmitt Industries been receiving favorable news coverage?
Media headlines about SMIT stock have been trending somewhat positive on Thursday, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Schmitt Industries earned a news impact score of 0.07 on Accern's scale. They also gave news stories about the scientific and technical instruments company an impact score of 47.21 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Schmitt Industries' major shareholders?
Schmitt Industries' stock is owned by a variety of of institutional and retail investors. Top institutional investors include JENNINGS MILES P JR (3.13%). Company insiders that own Schmitt Industries stock include Charles Davidson, David Hudson, Maynard E Brown and Michael Ellsworth. View Institutional Ownership Trends for Schmitt Industries.
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, Scottrade, Fidelity and Charles Schwab.
What is Schmitt Industries' stock price today?
One share of SMIT stock can currently be purchased for approximately $2.18.
How big of a company is Schmitt Industries?
Schmitt Industries has a market capitalization of $8.79 million and generates $12.40 million in revenue each year. 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)
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.
Schmitt Industries (NASDAQ:SMIT) Analyst Ratings History
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
(Data available from 5/24/2016 forward)
Schmitt Industries (NASDAQ:SMIT) Earnings History and Estimates Chart
Schmitt Industries (NASDAQ SMIT) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/13/2017 | Q2 2018 | | $0.03 | | $3.77 million | View | N/A |  |
| 10/6/2017 | Q1 2018 | | ($0.04) | | $3.08 million | View | N/A | |
| 7/14/2017 | Q4 2017 | | ($0.14) | | $3.65 million | View | N/A | |
| 4/7/2017 | Q3 2017 | | ($0.04) | | $3.20 million | View | N/A | |
| 1/6/2017 | Q2 2017 | | ($0.13) | | $2.66 million | View | N/A | |
| 10/7/2016 | Q1 2017 | | ($0.04) | | $2.89 million | View | N/A | |
| 7/15/2016 | Q4 2016 | | ($0.16) | | $2.98 million | View | N/A | |
| 4/12/2016 | Q3 2016 | | ($0.15) | | $2.53 million | View | N/A | |
| 1/8/2016 | Q216 | | ($0.13) | | $3.07 million | View | N/A | |
| 10/2/2015 | Q1 2016 | | ($0.07) | | $3.10 million | View | N/A | |
| 7/24/2015 | Q4 2015 | | $0.03 | | $3.86 million | View | N/A | |
| 4/3/2015 | Q3 2015 | | ($0.06) | | $3.01 million | View | N/A | |
| 1/9/2015 | Q214 | | ($0.02) | | $3.15 million | View | N/A | |
| 10/3/2014 | Q114 | | $0.02 | | $3.05 million | View | N/A | |
| 7/11/2014 | Q4 2014 | | ($0.05) | | $3.03 million | View | N/A | |
| 4/4/2014 | Q3 2014 | | ($0.02) | | $3.07 million | View | N/A | |
| 1/10/2014 | Nov 2013 | | ($0.05) | | $3.14 million | View | N/A | |
| 10/4/2013 | Q1 2014 | | ($0.05) | | $2.90 million | View | N/A | |
| 7/12/2013 | Q4 2013 | | ($0.12) | | $3.27 million | View | N/A | |
| 4/9/2013 | Q3 2013 | | ($0.06) | $3.16 million | $2.80 million | View | N/A | |
| 1/9/2013 | Q213 | | ($0.03) | $3.50 million | $2.70 million | View | N/A | |
| 10/5/2012 | Q1 2013 | | $0.04 | | | View | N/A | |
| 1/10/2012 | Q2 2012 | | ($0.03) | | | View | N/A | |
| 10/7/2011 | Q1 2012 | | $0.05 | | | View | N/A | |
| 7/12/2011 | Q4 2011 | | $0.02 | | | View | N/A | |
| 4/12/2011 | Q3 2011 | | ($0.07) | | | View | N/A | |
| 1/11/2011 | Q2 2011 | | $0.01 | | | View | N/A | |
| 10/8/2010 | Q1 2011 | | ($0.04) | | | View | N/A | |
| 7/13/2010 | Q4 2010 | | ($0.16) | | | View | N/A | |
| 4/13/2010 | Q3 2010 | | ($0.15) | | | View | N/A | |
| 1/12/2010 | Q2 2010 | | ($0.08) | | | View | N/A | |
| 10/2/2009 | Q1 2010 | | ($0.20) | | | View | N/A | |
| 7/14/2009 | Q4 2009 | | ($0.63) | | | View | N/A | |
| 4/14/2009 | Q3 2009 | | ($0.09) | | | View | N/A | |
| 1/13/2009 | Q2 2009 | | ($0.04) | | | View | N/A | |
| 10/8/2008 | Q1 2009 | | $0.01 | | | View | N/A | |
| 7/17/2008 | Q4 2008 | | $0.08 | | | View | N/A | |
| 4/8/2008 | Q3 2008 | | $0.08 | | | View | N/A | |
| 1/22/2008 | Q2 2008 | | $0.10 | | | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
Schmitt Industries (NASDAQ:SMIT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Schmitt Industries (NASDAQ SMIT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 13.00%
Institutional Ownership Percentage: 29.81%
Schmitt Industries (NASDAQ SMIT) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/19/2018 | Michael Ellsworth | Director | Buy | 2,000 | $2.10 | $4,200.00 | 13,866 | |
| 2/28/2018 | David Hudson | Director | Sell | 10,821 | $2.57 | $27,809.97 | | |
| 8/28/2017 | David Hudson | CEO | Buy | 3,500 | $1.60 | $5,600.00 | 7,008 | |
| 8/16/2017 | David Hudson | CEO | Buy | 2,000 | $1.60 | $3,200.00 | 5,000 | |
| 8/11/2017 | Maynard E Brown | Director | Buy | 5,000 | $1.65 | $8,250.00 | 5,694 | |
| 5/31/2017 | Maynard E Brown | Director | Buy | 10,000 | $1.74 | $17,400.00 | 694 | |
| 5/11/2017 | David Hudson | CEO | Buy | 3,307 | $1.69 | $5,588.83 | 3,000 | |
| 7/25/2016 | Charles Davidson | Director | Buy | 1,000 | $1.90 | $1,900.00 | 1,000 | |
| 10/12/2012 | James A Fitzhenry | CEO | Buy | 10,000 | $3.20 | $32,000.00 | | |
(Data available from 1/1/2013 forward)
Schmitt Industries (NASDAQ SMIT) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Why You Need To Look At This Factor Before Buying Schmitt Industries Inc (NASDAQ:SMIT)
finance.yahoo.com - May 24 at 3:22 PM |
| Did Schmitt Industries Inc’s (NASDAQ:SMIT) Recent Earnings Growth Beat The Trend?
finance.yahoo.com - April 13 at 3:18 PM |
 | Schmitt Industries (SMIT) Reports Q3 EPS of $0.00
www.streetinsider.com - April 7 at 6:34 AM |
| Schmitt Industries Announces Third Quarter Fiscal 2018 Operating Results
finance.yahoo.com - April 7 at 6:34 AM |
 | Schmitt Industries (SMIT) to Release Earnings on Thursday
www.americanbankingnews.com - March 29 at 1:16 AM |
| Should You Be Concerned About Schmitt Industries Inc’s (NASDAQ:SMIT) Shareholders?
finance.yahoo.com - March 8 at 3:17 PM |
| David Hudson Sells 10,821 Shares of Schmitt Industries, Inc. (SMIT) Stock
www.americanbankingnews.com - March 1 at 10:44 PM |
| Schmitt Industries, Inc. :SMIT-US: Earnings Analysis: Q2, 2018 By the Numbers : January 19, 2018
finance.yahoo.com - January 19 at 12:21 PM |
| Schmitt Industries, Inc. Announces Appointment of David Case as President and Chief Executive Officer
finance.yahoo.com - January 9 at 10:36 AM |
| Schmitt Industries, Inc. Concludes 2017 Rights Offering Heavily Oversubscribed
finance.yahoo.com - December 22 at 6:01 PM |
| Schmitt Industries (SMIT) Issues Earnings Results
www.americanbankingnews.com - December 14 at 7:58 PM |
| Schmitt Industries, Inc. (SMIT) Shares Erupted 74% After Earnings
finance.yahoo.com - December 14 at 10:54 AM |
| Schmitt Industries (SMIT) Raised to C- at TheStreet
www.americanbankingnews.com - December 14 at 12:34 AM |
| Schmitt Industries Announces Second Quarter Fiscal 2018 Operating Results
finance.yahoo.com - December 13 at 4:23 PM |
| Does Schmitt Industries Inc’s (undefined:SMIT) Recent Track Record Look Strong?
finance.yahoo.com - December 13 at 11:07 AM |
| Schmitt 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"
www.americanbankingnews.com - November 30 at 10:28 PM |
| Schmitt 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 Shareholders
finance.yahoo.com - November 4 at 3:49 PM |
| 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, 2017
finance.yahoo.com - October 17 at 7:22 AM |
| Schmitt Industries Announces First Quarter Fiscal 2018 Operating Results
finance.yahoo.com - October 7 at 8:36 AM |
| Schmitt Industries, Inc. (SMIT) Releases Earnings Results
www.americanbankingnews.com - October 7 at 8:20 AM |
| Schmitt 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 International
www.streetinsider.com - August 24 at 12:55 PM |
| Schmitt 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 Date
finance.yahoo.com - August 18 at 7:17 AM |
| Schmitt 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 Results
finance.yahoo.com - July 15 at 8:44 AM |
| Schmitt 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 Directors
www.thestreet.com - January 7 at 4:41 AM |
| Schmitt 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 Exhibi
us.rd.yahoo.com - December 17 at 1:00 AM |
 | 4:08 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 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 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 Ex
biz.yahoo.com - October 10 at 3:43 PM |
Schmitt Industries (NASDAQ:SMIT) SEC Filings
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Schmitt Industries (NASDAQ:SMIT) Income Statement, Balance Sheet and Cash Flow Statement
Schmitt Industries (NASDAQ SMIT) Stock Chart for Thursday, May, 24, 2018
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