SMC CORP JAPAN/S (OTCMKTS:SMCAY) Upgraded at Zacks Investment Research

SMC CORP JAPAN/S (OTCMKTS:SMCAY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday, reports.

According to Zacks, “SMC Corp. engages in the manufacture, processing and sale of automatic control equipment. It also manufactures and sells filters and filtration equipment. The company operates through the Automatic Control Equipment and Others segments. Automatic Control Equipment segment manufactures and sale of air preparation equipment, pressure control equipment, directional control valves and actuators. Others segment includes the commercial warehousing business. SMC Corp. is headquartered in Tokyo, Japan. “

SMCAY has been the subject of a number of other research reports. ValuEngine upgraded SMC CORP JAPAN/S from a “sell” rating to a “hold” rating in a research report on Thursday, April 2nd. Goldman Sachs Group lowered shares of SMC CORP JAPAN/S from a “conviction-buy” rating to a “buy” rating in a research report on Tuesday, June 23rd.

SMCAY traded up $0.57 during trading on Tuesday, reaching $26.35. 27,919 shares of the stock were exchanged, compared to its average volume of 53,623. The company has a debt-to-equity ratio of 0.01, a current ratio of 10.22 and a quick ratio of 7.76. The company has a market capitalization of $35.50 billion, a price-to-earnings ratio of 34.67 and a beta of 0.99. SMC CORP JAPAN/S has a 1 year low of $15.83 and a 1 year high of $26.92. The business’s 50 day moving average price is $25.38 and its two-hundred day moving average price is $22.90.

SMC CORP JAPAN/S (OTCMKTS:SMCAY) last issued its quarterly earnings data on Friday, May 15th. The company reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.07. SMC CORP JAPAN/S had a net margin of 21.01% and a return on equity of 8.91%. The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.07 billion. On average, analysts anticipate that SMC CORP JAPAN/S will post 0.74 EPS for the current year.


SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers directional control valves, air cylinders, rotary actuators/air grippers, electric actuators/cylinders, vacuum equipment, air preparation equipment, modular F.R.L./pressure control equipment, lubrication equipment, fittings and tubing, flow control equipment, speed controllers, silencers/exhaust cleaners/blow guns/pressure gauges, switches/sensors/controllers, and static neutralization equipment.

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