Marubeni (OTCMKTS:MARUY - Get Free Report) was upgraded by investment analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a research report issued on Tuesday,Zacks.com reports.
Marubeni Price Performance
Shares of MARUY opened at $222.95 on Tuesday. The company has a 50 day moving average of $206.44 and a two-hundred day moving average of $182.40. The company has a quick ratio of 1.06, a current ratio of 1.44 and a debt-to-equity ratio of 0.55. Marubeni has a twelve month low of $126.85 and a twelve month high of $225.00. The company has a market cap of $37.03 billion, a price-to-earnings ratio of 10.71, a price-to-earnings-growth ratio of 1.56 and a beta of 0.80.
Marubeni (OTCMKTS:MARUY - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The conglomerate reported $6.47 EPS for the quarter, beating the consensus estimate of $6.26 by $0.21. The firm had revenue of $14.38 billion during the quarter, compared to analyst estimates of $14.64 billion. Marubeni had a return on equity of 13.84% and a net margin of 6.52%. As a group, analysts predict that Marubeni will post 19.54 earnings per share for the current fiscal year.
About Marubeni
(
Get Free Report)
Marubeni Corporation engages in various business activities. It manufactures, wholesales, and retails apparel, footwear, home furnishing and sport goods, industrial and textile materials, tire and rubber materials, and household and nursing care products; develops uranium, nuclear fuel cycle, iron ore, coking coal, copper mines, and related equipment and services; smelts and refines aluminum and magnesium; leases temporary steel construction materials; explores for, develops, and produces oil and gas; manages infrastructure funds; and develops and manages real estate.
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