Omron Corp. (OTCMKTS:OMRNY - Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $26.24, but opened at $27.96. Omron shares last traded at $27.96, with a volume of 22,323 shares changing hands.
Omron Trading Up 6.4%
The firm has a market capitalization of $5.76 billion, a PE ratio of 49.86 and a beta of 1.04. The company has a quick ratio of 1.57, a current ratio of 2.31 and a debt-to-equity ratio of 0.13. The stock's fifty day simple moving average is $26.95 and its 200 day simple moving average is $29.32.
Omron (OTCMKTS:OMRNY - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.11). The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.48 billion. Omron had a net margin of 2.07% and a return on equity of 1.75%. On average, sell-side analysts predict that Omron Corp. will post 0.42 earnings per share for the current year.
Institutional Investors Weigh In On Omron
A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC increased its position in shares of Omron Corp. (OTCMKTS:OMRNY - Free Report) by 831.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,946 shares of the company's stock after buying an additional 13,342 shares during the period. GAMMA Investing LLC's holdings in Omron were worth $421,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.09% of the company's stock.
About Omron
(
Get Free Report)
OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Omron, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Omron wasn't on the list.
While Omron currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
