Daikin Industries (OTCMKTS:DKILY) Shares Gap Down - What's Next?

Key Points

• Daikin Industries' stock price gapped down from $13.24 to $12.58 before trading at $12.91 with a volume of 6,289 shares on Friday.
• The company reported an EPS of $0.15 for the last quarter, missing estimates of $0.19, while revenue reached $8.09 billion.
• Daikin Industries has a market capitalization of $37.84 billion and operates a diverse range of products including air-conditioning and refrigeration equipment.
• Analysts forecast an EPS of 0.56 for the current fiscal year, reflecting cautious expectations amid recent performance challenges.

Daikin Industries (OTCMKTS:DKILY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $13.24, but opened at $12.58. Daikin Industries shares last traded at $12.91, with a volume of 6,289 shares changing hands.

Daikin Industries Stock Up 0.2%

The stock has a market capitalization of $37.64 billion, a PE ratio of 21.76, a price-to-earnings-growth ratio of 2.25 and a beta of 1.00. The company has a current ratio of 1.85, a quick ratio of 1.17 and a debt-to-equity ratio of 0.19. The company's 50-day moving average is $11.71 and its 200 day moving average is $11.39.

Daikin Industries (OTCMKTS:DKILY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.04). Daikin Industries had a return on equity of 9.00% and a net margin of 5.58%. The business had revenue of $8.09 billion during the quarter, compared to analyst estimates of $1,163.53 billion. As a group, analysts anticipate that Daikin Industries will post 0.56 EPS for the current year.

Daikin Industries Company Profile

Daikin Industries,Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products in Japan, the Americas, China, Asia, Europe, Europe, and internationally. The company's air-conditioning and refrigeration equipment products include room air-conditioning systems; air purifiers; heat-pump hot-water supply and room-heating systems; packaged air-conditioning systems; multiple air-conditioning systems for office buildings; air-conditioning systems for facilities and plants; heat reclaim ventilators; freezers; water chillers; turbo refrigerator equipment; air-handling units; air filters; industrial dust collectors; marine-type container refrigeration; and refrigerating and freezing showcases.