Hutchinson Technology (HTCH)
Hutchinson Technology Beneish M-Score: -2.087
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HTCH Beneish M-Score Rankings
| Overall | 17th percentile | 3101 of 3761 |
| Sector | 21st percentile | 615 of 781 in Technology |
| Industry | 22nd percentile | 14 of 18 in Data Storage Devices |
HTCH Beneish M-Score Range, Past 5 Years
| Minimum | -4.110 | Sep 2010 |
| Maximum | -1.093 | Sep 2009 |
| Average | -2.701 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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HTCH News
$HTCH IDC: Apple and Samsung Steadily Climb as Nokia, HTC, and RIM Plummet http://stks.co/3c3s
about 28 days ago by ericjones12398
about 28 days ago by ericjones12398
$HTCH forms bearish "Symmetrical Continuation Triangle" chart pattern. http://stks.co/3apd
about 29 days ago by RecogniaEvents
about 29 days ago by RecogniaEvents
$HTCH This week's top stories in technology 4/23-4/27 http://stks.co/3Z4i
about 31 days ago by ericjones12398
about 31 days ago by ericjones12398
Hutchinson Technology's CEO Discusses F2Q12 Results - Earnings Call Transcript
Apr 24, 8:27PM Seeking Alpha
Apr 24, 8:27PM Seeking Alpha
Hutchinson Technology to Report Fiscal 2012 Second Quarter Financial Results on April 24, 2012
Apr 16, 5:10PM GlobeNewswire
Apr 16, 5:10PM GlobeNewswire
Hutchinson Technology Announces Results of Outstanding 8.50% Notes Tender Offer
Apr 12, 10:02AM Benzinga
Apr 12, 10:02AM Benzinga
Hutchinson Technology (HTCH) Files 3.87M Common Shelf for Shareholders
Apr 03, 2:24PM Street Insider
Apr 03, 2:24PM Street Insider
Hutchinson Says 84% of 3.25% Notes Tendered; Will Issue $40M Notes, Warrants for 3.9M Shares
Mar 28, 4:43PM Benzinga
Mar 28, 4:43PM Benzinga
Hutchinson Tech (HTCH) Amends Senior Notes Exchange Offer, Terminates Rights Offering
Mar 12, 8:24AM Street Insider
Mar 12, 8:24AM Street Insider
Hutchinson Technology Announces Amended Exchange Offer, Tender Offers and Rights Offering
Mar 12, 8:21AM Benzinga
Mar 12, 8:21AM Benzinga
$HTCH forms bearish "Head and Shoulders Top" chart pattern. http://stks.co/2haE
about 84 days ago by RecogniaEvents
about 84 days ago by RecogniaEvents
Hutchinson Technology Extends Exchange Offer, Tender Offers and Rights Offering
Mar 06, 5:47PM GlobeNewswire
Mar 06, 5:47PM GlobeNewswire
$HTCH 200 Day SMA Cross - Price crossed above 200 day SMA (2.0964). Confirmed by volume.
about 96 days ago by TradeIdeasQuant
about 96 days ago by TradeIdeasQuant
$HTCH 200 Day SMA Cross - Price crossed below 200 day SMA (2.0964). Confirmed by volume.
about 97 days ago by TradeIdeasQuant
about 97 days ago by TradeIdeasQuant
EMC (EMC) And NetApp (NTAP) Raise Prices By 5% To 15% After Thai Flood; Smaller Vendors Expected To Run Out Of Stock To Meet The Large Demand
Feb 21, 12:30PM Wall Street Transcript
Feb 21, 12:30PM Wall Street Transcript
$HTCH 200 Day SMA Cross - Price crossed below 200 day SMA (2.1184). Confirmed by volume.
about 114 days ago by TradeIdeasQuant
about 114 days ago by TradeIdeasQuant
Needham & Company Maintains a 'Hold' on Hutchinson Technology (HTCH); Updating Estimates After Q1 Results
Jan 25, 8:26AM Street Insider
Jan 25, 8:26AM Street Insider
Hutchinson Technology CEO Discusses F1Q2012 Results - Earnings Call Transcript
Jan 24, 7:47PM Seeking Alpha
Jan 24, 7:47PM Seeking Alpha
Hutchinson Technology to Report Fiscal 2012 First Quarter Financial Results on January 24, 2012
Jan 13, 4:01PM GlobeNewswire
Jan 13, 4:01PM GlobeNewswire
Hutchinson Technology (HTCH) Plans to Commence an Exchange Offer, Tender Offers and Rights Offering
Jan 13, 7:04AM Street Insider
Jan 13, 7:04AM Street Insider
$HTCH filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1fBW
about 159 days ago by MarketBrief
about 159 days ago by MarketBrief
$HTCH filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1cAu
about 162 days ago by MarketBrief
about 162 days ago by MarketBrief
$HTCH filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1bWH
about 163 days ago by MarketBrief
about 163 days ago by MarketBrief
$HTCH filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1aaJ
about 165 days ago by MarketBrief
about 165 days ago by MarketBrief
$HTCH filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1ZWO
about 166 days ago by MarketBrief
about 166 days ago by MarketBrief
$HTCH filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1YH9
about 167 days ago by MarketBrief
about 167 days ago by MarketBrief
$HTCH filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1Wsh
about 168 days ago by MarketBrief
about 168 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HTCH | 2.08 | -0.05 | -2.35% | 49.88M |
| HTBK | 6.12 | +0.01 | +0.16% | 160.63M |
| HSY | 67.72 | +0.00 | +0.00% | 15.27B |
| HSTM | 21.76 | -0.19 | -0.87% | 570.92M |
| HST | 15.53 | +0.38 | +2.51% | 10.72B |
| HSP | 32.61 | +0.23 | +0.71% | 5.342B |
| HSOL | 0.90 | -0.05 | -5.26% | 79.75M |
| HSNI | 39.67 | +0.43 | +1.10% | 2.272B |
| HOS | 36.31 | +1.48 | +4.25% | 1.219B |
| HOOK | 8.19 | -0.06 | -0.73% | 154.30M |