Shiseido (OTCMKTS:SSDOY) Trading Up 3.2% - Time to Buy?

Key Points

• Shiseido Co. shares rose by 3.2% during trading, closing at $18.15 after hitting a high of $18.19.
• UBS Group recently upgraded Shiseido's stock to a "hold" rating, contributing to its current consensus rating of "Hold."
• The company reported an earnings per share (EPS) of $0.10 for the last quarter, exceeding analyst expectations, despite a revenue of $1.64 billion falling short of projections.

Shiseido Co. (OTCMKTS:SSDOY - Get Free Report) was up 3.2% during trading on Friday . The company traded as high as $18.19 and last traded at $18.15. Approximately 40,333 shares changed hands during trading, a decline of 41% from the average daily volume of 67,925 shares. The stock had previously closed at $17.59.

Analyst Ratings Changes

Separately, UBS Group raised shares of Shiseido to a "hold" rating in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Shiseido currently has a consensus rating of "Hold".

Shiseido Stock Performance

The business's 50-day moving average price is $16.87 and its 200-day moving average price is $16.79. The stock has a market cap of $7.27 billion, a PE ratio of -909.55 and a beta of 0.42. The company has a current ratio of 1.24, a quick ratio of 0.81 and a debt-to-equity ratio of 0.35.

Shiseido (OTCMKTS:SSDOY - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.05. The company had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.74 billion. Shiseido had a negative net margin of 0.10% and a negative return on equity of 0.15%. As a group, equities research analysts expect that Shiseido Co. will post 0.29 earnings per share for the current fiscal year.

Shiseido Company Profile

Shiseido Company, Limited engages in the production and sale of cosmetics in Japan and internationally. The company offers fragrances; and skincare and makeup products. It also engages in the restaurant and food, and retail businesses; and operates beauty salons. In addition, the company operates and supports SABFA, a professional hair makeup training school.

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