GN Store Nord (OTCMKTS:GNNDY) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts give GN Store Nord a consensus "Hold" rating from six brokerages, comprising 1 sell, 3 hold and 2 buy recommendations.
• The company missed its latest quarter (EPS $1.10 vs. $1.26 estimate; revenue $738.9M vs. $760.8M) and has been downgraded recently by Jefferies (strong-buy to hold) and Zacks (to strong sell).
• Shares opened at $45.45 with a market cap of $2.29B and a P/E of 22.06; the 52-week range is $38.37–$57.22 and the 50-/200-day moving averages are $45.11 and $48.83, respectively.

Shares of GN Store Nord (OTCMKTS:GNNDY - Get Free Report) have been given an average rating of "Hold" by the six brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company.

A number of brokerages have recently issued reports on GNNDY. Jefferies Financial Group downgraded shares of GN Store Nord from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 18th. Zacks Research cut shares of GN Store Nord from a "hold" rating to a "strong sell" rating in a research note on Thursday, February 12th.

GN Store Nord Stock Performance

OTCMKTS:GNNDY opened at $45.45 on Tuesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.86 and a current ratio of 1.18. GN Store Nord has a 52-week low of $38.37 and a 52-week high of $57.22. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 22.06 and a beta of 1.86. The business's fifty day moving average is $45.11 and its 200 day moving average is $48.83.

GN Store Nord (OTCMKTS:GNNDY - Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.26 by ($0.16). The company had revenue of $738.87 million during the quarter, compared to the consensus estimate of $760.79 million. GN Store Nord had a return on equity of 6.31% and a net margin of 3.97%. Research analysts predict that GN Store Nord will post 4.93 EPS for the current year.

About GN Store Nord

GN Store Nord A/S is a Denmark‐based technology company specializing in intelligent audio solutions. The group operates through two primary business units: GN Hearing, which develops and manufactures advanced hearing aids and associated hearing care technologies, and GN Audio, which produces professional and consumer headsets under the Jabra brand. GN Store Nord's product portfolio spans digital hearing devices, wireless headsets, speakerphones and earbuds, all designed to enhance communication and improve listening experiences for individuals and enterprises alike.

Under the GN Hearing division, the company offers a range of hearing aids and wireless accessories that leverage digital signal processing, artificial intelligence and direct audio streaming.

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