Alps Alpine (APELY) to Release Quarterly Earnings on Thursday

Alps Alpine (OTCMKTS:APELY - Get Free Report) will likely be posting its quarterly earnings results on Thursday, May 8th. Analysts expect Alps Alpine to post earnings of $1.47 per share and revenue of $231.54 billion for the quarter.

Alps Alpine (OTCMKTS:APELY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 0.02% and a return on equity of 1.73%. 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 Trading Down 0.3 %

APELY stock traded down $0.05 during mid-day trading on Tuesday, reaching $19.25. The company had a trading volume of 598 shares, compared to its average volume of 1,739. The company has a market capitalization of $1.98 billion, a PE ratio of 962.98, a price-to-earnings-growth ratio of 0.32 and a beta of 0.40. The firm has a 50 day moving average of $19.82 and a 200 day moving average of $20.09. Alps Alpine has a 12 month low of $16.21 and a 12 month high of $23.50. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.01 and a quick ratio of 1.31.

Wall Street Analyst Weigh In

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

About Alps Alpine

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.