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Last $2.85 USD
Change Today -0.036 / -1.25%
Volume 610.0
As of 8:10 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

schmitt industries inc (SMIT) Snapshot

Open
$2.85
Previous Close
$2.89
Day High
$2.86
Day Low
$2.85
52 Week High
10/1/14 - $3.55
52 Week Low
05/13/15 - $2.58
Market Cap
8.5M
Average Volume 10 Days
3.3K
EPS TTM
$-0.03
Shares Outstanding
3.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SCHMITT INDUSTRIES INC (SMIT)

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schmitt industries inc (SMIT) Details

Schmitt Industries, Inc. designs, manufactures, and sells computer-controlled vibration detection, and balancing and process control systems primarily to the machine tool industry worldwide. Its Balancer segment offers Schmitt Dynamic Balance System, which consists of a computer control unit, vibration sensor, spindle-mounting adapter, and balance head; an optional acoustical emission monitoring system to monitor the frequency signals generated on the grinding machine; and the ExactDress process control card to monitor and control the grinding wheel dressing process. This segment provides its products to end user operators, as well as manufacturers of grinding machines for various industries, including automotive, industrial, aerospace, and medical industries through independent manufacturers’ representatives and distributors. The company’s Measurement segment designs, manufactures, and sells laser and white light sensors for distance, dimensional, and area measurement for various commercial applications; laser-based microroughness 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 liquid levels of propane tanks and transmit that data via satellite to a secure Web site for display. Its products include surface roughness measurement products, such as TMS-2000-RC, a non-contact texture measurement system (TMS); and TMS2000W-RC and TMS3000W-RC for manufacturers of silicon wafers, device quality semiconductors, and memory devices. This segment also offers AccuRange distance measurement sensors and AccuProfile laser line scanners; Lasercheck, a line of surface roughness measurement gauges; complete angle scatter instrument scatterometers; and remote tank monitoring products. Schmitt Industries, Inc. was founded in 1984 and is headquartered in Portland, Oregon.

schmitt industries inc (SMIT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $200.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $160.0K
Vice President of Operations
Total Annual Compensation: $166.2K
Compensation as of Fiscal Year 2014.

schmitt industries inc (SMIT) Key Developments

Schmitt Industries, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended May 31, 2015

Schmitt Industries, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended May 31, 2015. For the quarter, net sales were $3,857,681 from $3,025,844 for the same period a year ago. Operating income was $103,751 compared with operating loss of $132,132 for the same period a year ago. Income before income taxes was $95,809 compared with loss before income taxes of $155,423 for the same period a year ago. Net income was $92,759 or $0.03 per basic and diluted share compared with net loss of $157,757 or $0.05 per basic and diluted share for the same period a year ago. For the full year, net sales were $13,069,091 from $12,134,506 for the same period a year ago. Operating loss was $64,459 compared with $512,405 for the same period a year ago. Loss before income taxes was $83,582 compared with $530,292 for the same period a year ago. Net loss was $93,669 or $0.03 per basic and diluted share compared with $539,624 or $0.18 per basic and diluted share for the same period a year ago.

Schmitt Industries, Inc. to Report Q4, 2015 Results on Jul 14, 2015

Schmitt Industries, Inc. announced that they will report Q4, 2015 results at 2:00 PM, Pacific Standard Time on Jul 14, 2015

Schmitt Industries, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended February 28, 2015

Schmitt Industries, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended February 28, 2015. For the quarter, the company reported net sales of $3,010,618 against $3,066,163 a year ago. Operating loss was $150,508 against $81,655 a year ago. Loss before income taxes was $166,086 against $70,158 a year ago. Net loss was $168,371 or $0.06 per diluted share against $72,107 or $0.02 per diluted share a year ago. For the nine months, the company reported net sales of $9,211,410 against $9,108,662 a year ago. Operating loss was $168,210 against $380,273 a year ago. Loss before income taxes was $179,391 against $374,869 a year ago. Net loss was $186,428 or $0.06 per diluted share against $381,867 or $0.13 per diluted share a year ago.

 

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Industry Analysis

SMIT

Industry Average

Valuation SMIT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x
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