Shares of Nidec Corp. (OTCMKTS:NJDCY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $4.13, but opened at $4.39. Nidec shares last traded at $4.21, with a volume of 27,575 shares.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded Nidec from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 23rd.
Get Our Latest Analysis on NJDCY
Nidec Stock Up 2.1%
The company has a current ratio of 1.53, a quick ratio of 1.00 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $40.21 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 0.66 and a beta of 1.08. The firm has a 50-day moving average of $4.86 and a two-hundred day moving average of $4.60.
Nidec (OTCMKTS:NJDCY - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The industrial goods maker reported $0.07 EPS for the quarter, meeting the consensus estimate of $0.07. Nidec had a return on equity of 9.18% and a net margin of 6.06%.The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $647.61 billion. Nidec has set its FY 2025 guidance at 1.210-1.210 EPS. Q1 2025 guidance at 0.270-0.270 EPS. On average, equities research analysts forecast that Nidec Corp. will post 0.25 EPS for the current year.
About Nidec
(
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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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