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OTCMKTS:NJDCY

Nidec (NJDCY) Stock Price, News & Analysis

$9.83
-0.30 (-2.96%)
(As of 09/6/2024 ET)
Today's Range
$9.83
$10.40
50-Day Range
$9.76
$11.52
52-Week Range
$8.94
$13.25
Volume
109,015 shs
Average Volume
120,166 shs
Market Capitalization
$22.65 billion
P/E Ratio
25.21
Dividend Yield
0.71%
Price Target
N/A
NJDCY stock logo

About Nidec Stock (OTCMKTS:NJDCY)

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components. Its products are used for applications in robotics, IoT products, automotive components, home appliances, logistics/agriculture, information technology, office automation, mobile optical components, medical and health care products, housing equipment, commercial and professional products, industrial machinery, and processing/inspection equipment. The company was incorporated in 1973 and is headquartered in Kyoto, Japan..

NJDCY Stock Price History

NJDCY Stock News Headlines

Nidec Corp (NIB.BE)
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Company Calendar

Last Earnings
7/23/2024
Today
9/08/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Motors & generators
Sub-Industry
Electrical Equipment
Current Symbol
OTCMKTS:NJDCY
Previous Symbol
NASDAQ:NJDCY
Employees
106,592
Year Founded
1973

Profitability

Net Income
$865.17 million
Pretax Margin
8.64%

Debt

Sales & Book Value

Annual Sales
$16.27 billion
Cash Flow
$0.75 per share
Book Value
$4.99 per share

Miscellaneous

Outstanding Shares
2,304,640,000
Free Float
N/A
Market Cap
$22.65 billion
Optionable
Not Optionable
Beta
1.11

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Key Executives

  • Mr. Shigenobu Nagamori (Age 80)
    Founder & Executive Chairman
    Comp: $535.5k
  • Mitsuya Kishida (Age 64)
    President & CEO
  • Akinobu Samura
    Senior VP, CISO & CFO
  • Mr. Michio Kaida (Age 68)
    First Senior VP & CTO
  • Mr. Fumiaki Ushio (Age 66)
    Senior VP, Chief Administrative Officer & Chief Compliance Officer
  • Mr. Masahiro Nagayasu
    General Manager of Investor Relations Department
  • Toru Takahashi
    Senior VP, Chief Sales Officer & Chief Performance Officer
  • Mr. Tatsuya Nishimoto (Age 68)
    Executive VP and Executive GM of Machinery & Automation Business Unit
  • Mr. Yoshihisa Kitao (Age 64)
    Executive VP & Executive GM of Group Companies Business Unit
  • Takamitsu Araki
    First Senior Vice President

Should I Buy Nidec Stock? NJDCY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Nidec Co.:

  • Nidec Co. stock price has been showing an upward trend, currently trading at $10.50, with a 12-month high of $13.27.
  • Nidec recently reported earnings per share of $0.16 for the quarter, surpassing analysts' estimates by $0.03, indicating strong financial performance.
  • The company has a market capitalization of $24.20 billion, reflecting its size and stability in the market.
  • Nidec's PEG ratio of 0.57 suggests that the stock may be undervalued based on its future growth potential.
  • Analysts forecast that Nidec will post earnings per share of 0.56 for the current year, indicating positive expectations for future profitability.

Cons

Investors should be bearish about investing in Nidec Co. for these reasons:

  • Short interest in Nidec Co. increased by 22.0% in July, which may indicate a bearish sentiment among some market participants.
  • Nidec's current ratio of 1.62 and quick ratio of 1.04 may suggest potential liquidity concerns or financial risks.
  • The company's debt-to-equity ratio of 0.25 could be a cause for concern for investors, as higher debt levels may increase financial risk.
  • Nidec's beta of 1.12 indicates that the stock may be more volatile compared to the overall market, potentially leading to higher fluctuations in share price.
  • Despite positive earnings results, Nidec's net margin of 4.80% and return on equity of 7.01% may be considered relatively low by some investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 4, 2024. Please send any questions or comments about these Nidec pros and cons to contact@marketbeat.com.

NJDCY Stock Analysis - Frequently Asked Questions

How have NJDCY shares performed this year?

Nidec's stock was trading at $10.0860 at the start of the year. Since then, NJDCY stock has decreased by 2.5% and is now trading at $9.83.
View the best growth stocks for 2024 here
.

How were Nidec's earnings last quarter?

Nidec Co. (OTCMKTS:NJDCY) posted its quarterly earnings data on Tuesday, July, 23rd. The industrial goods maker reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. The industrial goods maker earned $4.16 billion during the quarter, compared to the consensus estimate of $4.01 billion. Nidec had a trailing twelve-month return on equity of 7.01% and a net margin of 4.80%.

When did Nidec's stock split?

Shares of Nidec split on the morning of Tuesday, April 8th 2014. The 2-1 split was announced on Friday, March 7th 2014. The newly created shares were distributed to shareholders after the closing bell on Monday, April 7th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Nidec have any subsidiaries?

The following companies are subsidiaries of Nidec: Roboteq Inc., OMRON Automotive Electronics Co. Ltd, Embraco Whirlpool Corporation’s Compressor Business, Systeme + Steuerungen GmbH, DESCH Antriebstechnik GmbH & Co. KG, CIMA S.p.A., MS-Graessner GmbH & Co. KG, and others.

How do I buy shares of Nidec?

Shares of NJDCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:NJDCY) was last updated on 9/8/2024 by MarketBeat.com Staff

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