(HEXA-B) Hexagon (publ) - Ratings and Ratios

Hexagon AB (publ) is a global provider of geospatial and industrial enterprise solutions, operating across multiple segments including Manufacturing Intelligence, Asset Lifecycle Intelligence, Geosystems, Autonomous Solutions, and Safety, structure & Geospatial. The companys diverse portfolio offers a range of solutions, from analysis and management to machine control and planning and optimization, catering to various industries such as agriculture, mining, and construction.

The companys extensive range of products and services includes CAD CAM and CAE software, CNC simulation and computed tomography software, measurement and inspection hardware and software, and quality management systems, making it a significant player in the manufacturing intelligence division. Additionally, Hexagons geospatial solutions, including GIS, imagery analysis, and data management, are utilized in various applications, such as government, transportation, and public safety.

With a history dating back to 1975, Hexagon has established itself as a leader in the industry, with a global presence and a strong reputation for innovation. The companys commitment to research and development is evident in its diverse portfolio of products and services, which are designed to meet the evolving needs of its customers.

Analyzing the technical data, the stocks current price is 96.60 SEK, with a 20-day simple moving average (SMA) of 96.26 SEK and a 50-day SMA of 97.25 SEK. The 200-day SMA stands at 104.07 SEK, indicating a potential long-term downtrend. The average true range (ATR) is 2.48, representing a 2.57% volatility. Given the current technical setup, a potential trading opportunity may arise if the stock price breaks above the 50-day SMA or falls below the 20-day SMA.

From a fundamental perspective, Hexagons market capitalization stands at 258,666.86 million SEK, with a price-to-earnings (P/E) ratio of 24.58 and a forward P/E of 22.08. The return on equity (RoE) is 9.13%, indicating a relatively stable financial performance. Using a combination of technical and fundamental data, a forecast for Hexagons stock price could be made, taking into account the companys financials, industry trends, and technical indicators. A potential price target could be around 110-115 SEK, based on the stocks historical performance and the companys growth prospects.

However, its essential to note that the stocks 52-week high is 127.72 SEK, and the 52-week low is 83.29 SEK, indicating a significant price range. A thorough analysis of the companys financial statements, industry trends, and technical indicators is necessary to make an informed investment decision. As a Trading Analyst, its crucial to weigh the potential risks and rewards, considering both the technical and fundamental aspects, before making a forecast or investment recommendation.