IEH (OTCMKTS:IEHC) Announces Quarterly Earnings Results, Beats Expectations By $0.32 EPS

IEH (OTCMKTS:IEHC) announced its earnings results on Thursday. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.32, Zacks reports. IEH had a net margin of 0.04% and a return on equity of 0.06%.

IEH Trading Up 9.3%

Shares of IEHC stock traded up $2.65 on Thursday, reaching $31.25. 38,869 shares of the stock were exchanged, compared to its average volume of 5,006. The stock has a market cap of $77.81 million, a PE ratio of -3,125.00 and a beta of -0.12. IEH has a one year low of $9.00 and a one year high of $33.88. The company has a debt-to-equity ratio of 0.01, a current ratio of 9.17 and a quick ratio of 6.09. The stock has a 50 day moving average price of $29.54 and a 200 day moving average price of $22.55.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of IEH to a “hold” rating in a report on Wednesday, September 16th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the stock presently has an average rating of “Hold”.

About IEH

IEH Corporation (OTCMKTS:IEHC) designs and manufactures high-reliability interconnect products and electronic packaging solutions. Its offerings include custom connectors, sockets, and related components used to establish electrical connections within demanding electronic systems. The company serves markets that require durable and precise interconnection technology, including aerospace, defense, medical, industrial, and other commercial applications. IEH’s products are intended for use in environments where performance, reliability, and resistance to demanding operating conditions are important.