Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Hexatronic Group AB ( (SE:HTRO) ) is now available.
Hexatronic Group is deepening its presence in the U.S. data center and harsh environment markets by acquiring Superior Fiber & Data Services, a Texas-based data installation and services provider with around 60 employees and longstanding relationships across education, healthcare, government and commercial customers. The deal, valued at up to USD 32 million and financed through an accelerated bookbuild, adds roughly USD 40 million in annual revenue to Hexatronic’s data center business, pushes that unit above SEK 2 billion in net sales with strong profitability, and expands the group’s installation capabilities in Texas, although the transaction is not expected to have a material impact on overall earnings.
The most recent analyst rating on (SE:HTRO) stock is a Buy with a SEK38.00 price target. To see the full list of analyst forecasts on Hexatronic Group AB stock, see the SE:HTRO Stock Forecast page.
More about Hexatronic Group AB
Hexatronic Group AB is a Swedish provider of fiber-based connectivity solutions for telecom networks, rugged environments and data centers. The company delivers scalable fiber systems supported by training and field services, focusing on critical, future-ready infrastructure that underpins digital communication and innovation in connected communities.
Average Trading Volume: 1,743,275
Technical Sentiment Signal: Buy
Current Market Cap: SEK8.64B
For an in-depth examination of HTRO stock, go to TipRanks’ Overview page.