Nidec (OTCMKTS:NJDCY) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, April 2nd.
Separately, Zacks Investment Research upgraded shares of Nidec from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research note on Saturday, January 27th.
NJDCY traded down $0.42 on Monday, hitting $38.57. 367,829 shares of the company’s stock were exchanged, compared to its average volume of 46,694. The firm has a market cap of $45,862.17, a price-to-earnings ratio of 44.82, a price-to-earnings-growth ratio of 1.42 and a beta of 1.11. Nidec has a twelve month low of $22.61 and a twelve month high of $42.27. The company has a quick ratio of 1.57, a current ratio of 2.09 and a debt-to-equity ratio of 0.35.
Nidec (OTCMKTS:NJDCY) last released its quarterly earnings data on Wednesday, January 24th. The industrial goods maker reported $0.26 earnings per share for the quarter. Nidec had a net margin of 8.69% and a return on equity of 13.61%. The firm had revenue of $3.46 billion for the quarter. research analysts anticipate that Nidec will post 1.03 earnings per share for the current year.
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Nidec Company Profile
Nidec Corporation manufactures and sells motors and other electronic products worldwide. It offers brushless DC, brush DC, induction, SR, synchronous, servo, and stepping motors, as well as drive circuits; fans and blowers, such as DC axial flow, DC blower, and AC axial flow fans; and machinery, including inspection and measuring systems, automation units, control equipment, marking devices, and optical devices.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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