Free Trial

Daikin Industries (OTCMKTS:DKILY) Trading Down 1% - What's Next?

Daikin Industries logo with Computer and Technology background

Key Points

  • Daikin Industries' stock experienced a 1% decline on Tuesday, trading as low as $13.01 before closing at $13.29 with a significant drop in trading volume.
  • The company reported an earnings per share (EPS) of $0.19 for the last quarter, exceeding the consensus estimate of $0.16.
  • Daikin Industries has a market capitalization of $38.95 billion and a debt-to-equity ratio of 0.19, indicating a strong balance sheet.
  • Looking to export and analyze Daikin Industries data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Daikin Industries (OTCMKTS:DKILY - Get Free Report) was down 1% during trading on Tuesday . The stock traded as low as $13.01 and last traded at $13.29. Approximately 105,543 shares were traded during trading, a decline of 48% from the average daily volume of 201,539 shares. The stock had previously closed at $13.42.

Daikin Industries Price Performance

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 has a 50 day moving average price of $12.32 and a 200 day moving average price of $11.53. The company has a market capitalization of $38.95 billion, a P/E ratio of 20.77, a P/E/G ratio of 2.36 and a beta of 0.98.

Daikin Industries (OTCMKTS:DKILY - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.16 by $0.03. Daikin Industries had a return on equity of 9.66% and a net margin of 6.02%.The company had revenue of $8.24 billion during the quarter, compared to the consensus estimate of $1,253.30 billion. On average, equities analysts predict that Daikin Industries will post 0.56 EPS for the current fiscal 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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

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

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines