Nissan Motor (OTCMKTS:NSANY) Raised to Hold at Wall Street Zen

Key Points

• Nissan Motor has been upgraded by Wall Street Zen from a "sell" rating to a "hold" rating, indicating a more favorable outlook for investors.
• The company reported a quarterly loss of ($0.39) EPS, surpassing analysts' expectations of ($0.60) by $0.21, although revenue of $18.90 billion fell short of estimates.
• Nissan has set a fiscal year 2025 guidance of 0.14 earnings per share, with analysts projecting a careful watch on its financial recovery.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report released on Wednesday.

Nissan Motor Stock Up 1.3%

OTCMKTS:NSANY traded up $0.06 during midday trading on Wednesday, reaching $4.68. The company had a trading volume of 211,352 shares, compared to its average volume of 194,149. The firm has a market capitalization of $8.69 billion, a price-to-earnings ratio of -1.55 and a beta of 0.74. The stock's fifty day simple moving average is $4.53 and its 200-day simple moving average is $4.86. Nissan Motor has a 12-month low of $4.10 and a 12-month high of $7.11. The company has a current ratio of 1.53, a quick ratio of 1.32 and a debt-to-equity ratio of 0.82.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported ($0.39) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.60) by $0.21. The firm had revenue of $18.90 billion during the quarter, compared to analyst estimates of $19.54 billion. Nissan Motor had a negative return on equity of 2.93% and a negative net margin of 6.54%. Nissan Motor has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Nissan Motor will post 0.14 earnings per share for the current fiscal year.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.