Mitsui & Co. (OTCMKTS:MITSY) Upgraded at Zacks Research

Key Points

• Mitsui & Co. has been upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.
• The company's stock currently trades at $497.85, having a market capitalization of $71.54 billion and a P/E ratio of 13.26.
• Mitsui & Co. reported quarterly earnings of $9.23 EPS, below the expected $9.29 EPS, with revenue of $21.93 billion against an estimate of $25.80 billion.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) was upgraded by investment analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a note issued to investors on Wednesday,Zacks.com reports.

Mitsui & Co. Trading Up 0.6%

MITSY opened at $497.85 on Wednesday. The stock's fifty day moving average is $475.13 and its two-hundred day moving average is $425.26. The company has a market capitalization of $71.54 billion, a P/E ratio of 13.26, a PEG ratio of 10.56 and a beta of 0.67. Mitsui & Co. has a 52 week low of $333.10 and a 52 week high of $530.00. The company has a quick ratio of 1.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.53.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The industrial products company reported $9.23 EPS for the quarter, missing the consensus estimate of $9.29 by ($0.06). The firm had revenue of $21.93 billion for the quarter, compared to analysts' expectations of $25.80 billion. Mitsui & Co. had a return on equity of 10.48% and a net margin of 5.77%. Analysts forecast that Mitsui & Co. will post 42.43 earnings per share for the current year.

About Mitsui & Co.

Mitsui & Co, Ltd. operates as an trading and investment company worldwide. The company engages in the manufacture and sale of steel products; steel processing, maintenance, and recycling activities; investment, development, and trading of mineral and metal resources, as well as resource recycling and industrial developing solutions; and upstream development, logistics, and trading of energy resources, such as natural gas/LNG, oil, coal, and uranium.

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