Alps Alpine (APELY) Expected to Announce Quarterly Earnings on Thursday

Alps Alpine (OTCMKTS:APELY - Get Free Report) is expected to be announcing its earnings results on Thursday, May 8th. Analysts expect the company to announce earnings of $1.47 per share and revenue of $231.54 billion for the quarter.

Alps Alpine (OTCMKTS:APELY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of $1.41 by ($1.57). The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.58 billion. Alps Alpine had a return on equity of 1.73% and a net margin of 0.02%. On average, analysts expect Alps Alpine to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Alps Alpine Stock Down 0.2 %

Alps Alpine stock traded down $0.04 during midday trading on Friday, hitting $19.30. The stock had a trading volume of 2,607 shares, compared to its average volume of 1,777. The business has a fifty day moving average price of $19.85 and a 200 day moving average price of $20.11. Alps Alpine has a 12 month low of $16.21 and a 12 month high of $23.50. The stock has a market cap of $1.98 billion, a P/E ratio of 965.48, a P/E/G ratio of 0.32 and a beta of 0.44. The company has a current ratio of 2.01, a quick ratio of 1.31 and a debt-to-equity ratio of 0.14.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered Alps Alpine from a "hold" rating to a "strong sell" rating in a research report on Monday, March 31st.

Alps Alpine Company Profile

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through four segments: Components, Sensor Communication, Module Systems, and Logistics. The company's products for the consumer, industrial equipment, and IoT markets include TACT switches, worker condition monitoring systems, HAPTIC reactor, actuator for cameras, remote monitoring system for logistics, analog meter monitoring system, resistive position sensor, pressure sensor, air environment sensor module, three-axis geomagnetic sensor, humidity sensor, and pc board mount current sensor.