Hexagon AB Class B
HEXA B: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #cy | LOCK|?@ | LOCK|$?&!hs |
Hexagon Earnings: Strong Beat and Outlook; Shares Overvalued
Hexagon's third quarter delivered another strong beat to company-compiled consensus with 13% organic growth and an EBITAC margin of 25.3%. Management's comments on backlog growth were constructive. The shares were up 2% intraday on Oct. 23.
