KONICA MINOLTA/ADR to Post FY2020 Earnings of $1.23 Per Share, Jefferies Financial Group Forecasts (KNCAY)

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KONICA MINOLTA/ADR (OTCMKTS:KNCAY) – Stock analysts at Jefferies Financial Group reduced their FY2020 earnings estimates for KONICA MINOLTA/ADR in a research report issued on Wednesday, September 5th. Jefferies Financial Group analyst M. Nakanomyo now forecasts that the company will post earnings per share of $1.23 for the year, down from their previous forecast of $1.33.

Separately, Zacks Investment Research upgraded shares of KONICA MINOLTA/ADR from a “strong sell” rating to a “hold” rating in a report on Friday, May 18th.

Shares of KNCAY opened at $19.58 on Friday. The company has a quick ratio of 1.63, a current ratio of 2.14 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $4.92 billion, a PE ratio of 16.74, a P/E/G ratio of 5.79 and a beta of 0.82. KONICA MINOLTA/ADR has a 52-week low of $15.36 and a 52-week high of $20.71.

KONICA MINOLTA/ADR Company Profile

Konica Minolta, Inc engages in business technologies, industrial, and healthcare businesses in Japan, the United States, European countries, China, Asia, and internationally. The company develops, manufactures, and sells multi-functional peripherals, laser printers, filing devices, software and peripheral devices, digital color printing systems, digital monochrome printing systems, digital color-proofing systems, computer to plate products, prepress production systems, inkjet printheads, inkjet textile printers, and inkjet inks, as well as print and cloud services.

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Earnings History and Estimates for KONICA MINOLTA/ADR (OTCMKTS:KNCAY)

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