Free Trial

Daikin Industries (OTCMKTS:DKILY) Shares Gap Up - Still a Buy?

Daikin Industries logo with Computer and Technology background

Key Points

  • Daikin Industries shares experienced a gap up, opening at $13.93 after a previous close of $13.57, with the last traded price at $13.41.
  • The company reported a quarterly EPS of $0.19, exceeding analyst estimates of $0.16, along with revenue of $8.24 billion against expectations of $1,253.30 billion.
  • Daikin Industries has a market capitalization of $39.31 billion and strong financial ratios, including a debt-to-equity ratio of 0.19 and a return on equity of 9.66%.
  • Five stocks we like better than Daikin Industries.

Daikin Industries (OTCMKTS:DKILY - Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $13.57, but opened at $13.93. Daikin Industries shares last traded at $13.41, with a volume of 14,083 shares trading hands.

Daikin Industries Trading Down 0.9%

The firm has a market capitalization of $38.98 billion, a price-to-earnings ratio of 20.78, a PEG ratio of 2.37 and a beta of 0.98. The business's 50-day simple moving average is $12.28 and its two-hundred day simple moving average is $11.52. The company has a quick ratio of 1.17, a current ratio of 1.85 and a debt-to-equity ratio of 0.19.

Daikin Industries (OTCMKTS:DKILY - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.03. Daikin Industries had a net margin of 6.02% and a return on equity of 9.66%. The business had revenue of $8.24 billion during the quarter, compared to analysts' expectations of $1,253.30 billion. Equities analysts forecast that Daikin Industries will post 0.56 earnings per share for the current year.

Daikin Industries Company Profile

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Daikin Industries Right Now?

Before you consider Daikin Industries, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Daikin Industries wasn't on the list.

While Daikin Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.