Nikon (OTCMKTS:NINOY) Shares Gap Down - Time to Sell?

Key Points

• Nikon shares gapped down, opening at $11.91 after a $12.65 close (about a 5.4% drop) and last trading near $11.97 on very light volume.
• Major earnings miss: Nikon reported Q results of ($1.83) EPS versus $0.16 expected and $1.09B revenue versus $1.15B expected, leaving a negative net margin and negative return on equity.
• Analyst stance has softened but cautious — Zacks upgraded Nikon from "strong sell" to "hold," the consensus rating is "Hold," and sell-side analysts project ~0.44 EPS for the year.

Shares of Nikon Corp. (OTCMKTS:NINOY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $12.65, but opened at $11.91. Nikon shares last traded at $11.97, with a volume of 184 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Nikon from a "strong sell" rating to a "hold" rating in a report on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of "Hold".

Nikon Stock Down 5.4%

The firm has a fifty day moving average price of $12.43 and a 200-day moving average price of $11.92. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.20. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of -7.00 and a beta of 0.57.

Nikon (OTCMKTS:NINOY - Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported ($1.83) earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by ($1.99). Nikon had a negative net margin of 12.31% and a negative return on equity of 13.39%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.15 billion. As a group, sell-side analysts forecast that Nikon Corp. will post 0.44 EPS for the current year.

About Nikon

Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.

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