Nidec (OTCMKTS:NJDCY) Shares Gap Down - Should You Sell?

Key Points

• Nidec Corp. shares gapped down from $4.38 to $4.14 before closing at $4.16, experiencing a trading volume of 16,908 shares.
• Analysts have recently upgraded Nidec's stock rating from "strong sell" to "hold" by Zacks Research, and from "hold" to "strong-buy" by Wall Street Zen, leading to an average rating of "Hold".
• The company reported earnings of $0.07 per share with revenue of $4.35 billion, while setting guidance for FY 2025 EPS at 1.210.

Nidec Corp. (OTCMKTS:NJDCY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $4.38, but opened at $4.14. Nidec shares last traded at $4.16, with a volume of 16,908 shares trading hands.

Analyst Ratings Changes

Several analysts have commented on NJDCY shares. Zacks Research upgraded shares of Nidec from a "strong sell" rating to a "hold" rating in a research note on Monday, September 15th. Wall Street Zen upgraded shares of Nidec from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 23rd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Nidec currently has an average rating of "Hold".

Nidec Stock Performance

The company has a market cap of $39.59 billion, a PE ratio of 18.04, a price-to-earnings-growth ratio of 0.70 and a beta of 1.08. The firm's fifty day moving average is $4.82 and its 200 day moving average is $4.60. The company has a current ratio of 1.53, a quick ratio of 1.00 and a debt-to-equity ratio of 0.22.

Nidec (OTCMKTS:NJDCY - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The industrial goods maker reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. The company had revenue of $4.35 billion during the quarter, compared to analyst estimates of $647.61 billion. Nidec had a net margin of 6.06% and a return on equity of 9.18%. Nidec has set its FY 2025 guidance at 1.210-1.210 EPS. Q1 2025 guidance at 0.270-0.270 EPS. As a group, research analysts predict that Nidec Corp. will post 0.25 EPS for the current fiscal year.

Nidec Company Profile

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components.

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