Seiko Epson Corp. (OTCMKTS:SEKEY) Sees Large Decrease in Short Interest

Key Points

• Short interest fell 46.4% to 9,655 shares as of August 14, down from 18,011 shares on July 30. Short interest represented approximately 0.0% of outstanding shares, with a short-interest ratio of 0.9 days.
• Seiko Epson reported quarterly earnings of $0.13 per share, exceeding the $0.09 analyst consensus, while revenue of $2.33 billion surpassed estimates of $2.09 billion. Shares opened at $10.01, up 2.2%.
• Jefferies downgraded the stock from “strong buy” to “hold,” and the two analysts covering Seiko Epson have a consensus “Hold” rating.

Seiko Epson Corp. (OTCMKTS:SEKEY - Get Free Report) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 9,655 shares, a decline of 46.4% from the July 30th total of 18,011 shares. Based on an average daily volume of 11,087 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the company's shares are sold short.

Seiko Epson Stock Up 2.2%

Shares of Seiko Epson stock opened at $10.01 on Friday. The company has a current ratio of 2.16, a quick ratio of 1.28 and a debt-to-equity ratio of 0.20. Seiko Epson has a 12-month low of $5.75 and a 12-month high of $10.38. The company has a market cap of $7.48 billion, a P/E ratio of 38.48 and a beta of 0.85. The company's fifty day simple moving average is $9.13 and its two-hundred day simple moving average is $7.87.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.04. Seiko Epson had a net margin of 1.71% and a return on equity of 2.96%. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.09 billion. Seiko Epson has set its FY 2026 guidance at 0.676-0.676 EPS. Research analysts anticipate that Seiko Epson will post 0.68 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut Seiko Epson from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Seiko Epson has a consensus rating of "Hold".

Seiko Epson Company Profile

Seiko Epson Corporation is a Japanese electronics company known for its broad portfolio of imaging and printing solutions, as well as precision devices and microelectronics. The company's core offerings include inkjet, laser and dye-sublimation printers for home, office and industrial use, desktop scanners, and 3LCD projectors. Epson also manufactures compact, energy-efficient robotics and automation systems, as well as semiconductors and sensors that support applications in automotive, healthcare and other sectors.

Established in 1942 as Suwa Seikosha Co, Ltd., the business first adopted the “Epson” name in 1968 with the release of the EP-101 electronic printer—so named as the “son of the electronic printer.” In 1982, the company formally became Seiko Epson Corporation, reflecting its integration within the broader Seiko Group.

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