Alps Electric (APELY) to Release Earnings on Wednesday

Alps Electric (OTCMKTS:APELY - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $229.53 billion for the quarter.

Alps Electric (OTCMKTS:APELY - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of $1.41 by ($1.57). The company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.58 billion. Alps Electric had a net margin of 3.82% and a return on equity of 2.61%. On average, analysts expect Alps Electric to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Alps Electric Trading Up 2.3%

APELY stock traded up $0.46 during midday trading on Friday, hitting $20.68. 100 shares of the company's stock were exchanged, compared to its average volume of 120. The company has a market cap of $2.13 billion, a PE ratio of 8.55, a price-to-earnings-growth ratio of 0.73 and a beta of 0.34. The stock's fifty day moving average price is $19.58 and its 200-day moving average price is $19.79. Alps Electric has a one year low of $16.21 and a one year high of $23.50. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.57 and a current ratio of 2.18.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Alps Electric from a "hold" rating to a "strong sell" rating in a research note on Monday, March 31st.

Alps Electric 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.