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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
OTCMKTS:NJDCY

Nidec (NJDCY) Stock Price, News & Analysis

$10.91
-0.01 (-0.09%)
(As of 04/18/2024 ET)
Today's Range
$10.89
$10.99
50-Day Range
$9.08
$11.09
52-Week Range
$8.94
$15.78
Volume
80,000 shs
Average Volume
182,330 shs
Market Capitalization
$25.14 billion
P/E Ratio
41.96
Dividend Yield
0.64%
Price Target
N/A

Nidec MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
31.11%
From $0.45 to $0.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.46 out of 5 stars

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 Stock: Spotlight On New CEO And Potential M&A
Now Open: Crypto emergency update
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
Now Open: Crypto emergency update
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
Nidec Announces the Status of Own Share Repurchase
Nidec Board Authorizes Share Repurchase Plan
Is Nidec (NJDCY) Stock Undervalued Right Now?
Nidec Stock: A Buy On M&A Growth Potential
See More Headlines
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Company Calendar

Last Earnings
1/24/2024
Today
4/18/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Motors & generators
Sub-Industry
N/A
Current Symbol
OTCMKTS:NJDCY
Previous Symbol
NASDAQ:NJDCY
Employees
117,556
Year Founded
1973

Profitability

Net Income
$333.02 million
Pretax Margin
6.58%

Debt

Sales & Book Value

Annual Sales
$17.17 billion
Cash Flow
$0.53 per share
Book Value
$4.41 per share

Miscellaneous

Outstanding Shares
2,304,640,000
Free Float
N/A
Market Cap
$25.14 billion
Optionable
Not Optionable
Beta
1.24

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Key Executives

  • Mr. Shigenobu Nagamori (Age 80)
    Founder, Chairman of the Board & CEO
    Comp: $554.99k
  • Mr. Hiroshi Kobe (Age 75)
    President, COO & Representative Director
  • Akinobu Samura
    Senior VP & CFO
  • Toshihiko Koseki
    Executive VP & CTO
  • Maki Okajima
    VP & Chief Information Security Management Officer
  • 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. Kazuya Hayafune (Age 65)
    SVP, Deputy Executive GM, GM of Business Group 1 of Automotive Motor & Electronic Control Business

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 recently appointed a new CEO with a background in overseeing automotive motors, indicating a strategic focus on growth and innovation in key sectors.
  • Nidec's diverse product portfolio, including motors, electronics, and optical components, provides exposure to multiple industries, reducing risk associated with sector-specific downturns.
  • The company's strong presence in robotics, IoT products, and automotive components positions it well to capitalize on the growing demand for automation and smart technologies.
  • Nidec's continuous investment in research and development ensures a pipeline of innovative products, enhancing competitiveness and long-term growth potential.
  • With a solid financial performance and a current stock price that reflects positive market sentiment, Nidec presents an attractive investment opportunity for those seeking growth potential in the motors & generators industry.

Cons

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

  • Market volatility and economic uncertainties could impact Nidec's performance, particularly in sectors sensitive to macroeconomic conditions.
  • Intense competition in the motors & generators industry may exert pressure on Nidec's market share and pricing power, affecting profitability.
  • Global supply chain disruptions and geopolitical risks could disrupt Nidec's operations and supply of components, leading to production delays and increased costs.
  • Regulatory changes or trade policies in key markets may impact Nidec's international sales and profitability, introducing additional risks for investors.
  • Fluctuations in foreign exchange rates could affect Nidec's financial results, especially for a company with significant international operations and revenue streams.
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 Saturday, April 13, 2024. Please send any questions or comments about these Nidec pros and cons to contact@marketbeat.com.

NJDCY Stock Analysis - Frequently Asked Questions

Should I buy or sell Nidec stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nidec in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NJDCY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NJDCY, but not buy additional shares or sell existing shares.
View NJDCY analyst ratings
or view top-rated stocks.

How have NJDCY shares performed in 2024?

Nidec's stock was trading at $10.0860 at the beginning of the year. Since then, NJDCY shares have increased by 8.2% and is now trading at $10.91.
View the best growth stocks for 2024 here
.

Are investors shorting Nidec?

Nidec saw a increase in short interest in March. As of March 31st, there was short interest totaling 50,800 shares, an increase of 238.7% from the March 15th total of 15,000 shares. Based on an average daily trading volume, of 210,300 shares, the days-to-cover ratio is currently 0.2 days.
View Nidec's Short Interest
.

How were Nidec's earnings last quarter?

Nidec Co. (OTCMKTS:NJDCY) issued its quarterly earnings results on Wednesday, January, 24th. The industrial goods maker reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. The industrial goods maker earned $4.02 billion during the quarter. Nidec had a trailing twelve-month return on equity of 5.35% and a net margin of 3.55%.

Is Nidec a good dividend stock?

Nidec (OTCMKTS:NJDCY) pays an annual dividend of $0.07 per share and currently has a dividend yield of 0.63%. The dividend payout ratio is 26.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NJDCY will have a dividend payout ratio of 11.86% next year. This indicates that the company will be able to sustain or increase its dividend.

When did Nidec's stock split?

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

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.

Does Nidec have any subsidiaries?
The following companies are subsidiares of Nidec: A/O Ansaldo VEI, ANA IMEP S.A, Advanced D.C. Motors GmbH, Advanced Motors & Drives. Inc, Ansaldo Sistemi Industriali GmbH, Ansaldo Sistemi Industriali RO S.r.l., Ansaldo Sistemi Industriali S.p.A., Ansaldo Sistemi Industriali SA, Anselectric LLC, Answer Drives S.r.l., Arisa S.A, Asi Industrial Systems Beijing Co. Ltd., Avtron Industrial Automation Asia Ltd., Avtron Industrial Automation Hong Kong Ltd., Avtron Industrial Automation Inc, Brilliant Manufacturing Ltd., CIMA S.p.A., Canton Elevator Inc, Changzhou Dongyu Automobile Appliance And Motor Co. Ltd, Changzhou Kinetek Motor Master Co. Ltd., Compania de Motores Domesticos S.A. de C.V., Controles Electromecanicos de Mexico S.A. de C.V., Copal Optical and Electronic Machinery (Shanghai) Co. Ltd., Copal Yamada (Vietnam) Co. Ltd., Copal Yamada Corporation, DESCH Antriebstechnik GmbH & Co. KG, Dalian Chengyue Automobile Component Manufacturing Corporation, E.C.E. S.r.l., E.M.G. Elettromeccanica S.r.l., Embraco Whirlpool Corporation’s Compressor Business, Emerson Electric Co, Emerson Venezuela C.A., FIR Electromeccanica S.r.l, Foshan Kinetek Commercial Trading Company Limited, Fujisoku Corporation, Genmark Automation Inc., Geräte- und Pumpenbau GmbH Dr. Eugen Schmidt, Globa Sales Co. Ltd., Globa Service Inc., Guangzhou Kinetek Jinghe Machine Co. Ltd., Hangzhou Keming Electronics. Ltd., Honda Elesys Co. Ltd., Japan Servo Motors Singapore Pte Ltd., KB electronics Inc., Kinetek Asia Holding Inc., Kinetek Asia Holdings II Inc., Kinetek Asia Holdings III Inc., Kinetek Asia Holdings IV Inc., Kinetek Asia Hong Kong Limited, Kinetek CMM Hong Kong Limited., Kinetek De Sheng (Foshan) Motor Co. Ltd., Kinetek Electronics Systems Group Inc., Kinetek Elevator Import Export & Mfg LLC, Kinetek European Holdings LLC, Kinetek Group Inc, Kinetek Holdings Corp., Kinetek Industries Inc., Kinetek Italian Holdco 1 S.r.l., Kinetek Italian Holdco 2 S.r.l., Kinetek JH Hong Kong Limited, Kinetek Luxco GP S.à.r.l., Kinetek Luxco GP S.à.r.l. & Partners S.C.S, Kinetek Luxco S.à.r.l., Kinetek UK Ltd., Kinetek ZX Hong Kong Limited, Kinetek de Mexico S de R.L. de C.V., LGB Elettropompe S.r.l., LuzCom Inc., MCE International LLC, MCE Turkey LLC, MS-Graessner GmbH & Co. KG, Mallory Automotive Motors and Controls LLC, Merkle-Korff Industries Inc -dba Kinetek Advanced AC Solutions, Merkle-Korff Industries Inc., Merkle-Korff de Mexico S.A. de C.V, Metal Forming Group LLC, Minster Machine Company, Minster Machine Corporation, Minster Machine GmbH, Mitsubishi Materials C.M.I. Corporation, Motion Control Engineering Inc., Motores Reynosa S.A. de C.V., Motores U.S. de Mexico S.A. de C.V., Motortecnica s.r.l, NMA Property Verwaltungsgesellschaft, NTK Capital Inc., Nidec (Beijing) Co. Ltd., Nidec (Dalian) Ltd., Nidec (Dongguan) Ltd., Nidec (H.K.) Co. Ltd., Nidec (New Territories) Co. Ltd., Nidec (Shanghai) International Trading Co. Ltd., Nidec (Shaoguan) Ltd., Nidec (Shenzhen) Co. Ltd., Nidec (Zhejiang) Corporation, Nidec ASI Japan Corporation, Nidec ASI S.p.A., Nidec America Corporation, Nidec Automobile Motor (Zhejiang) Corporation, Nidec Avtron Automation Corporatio, Nidec BMS (Suzhou) Co. Ltd., Nidec BMS Pte. Ltd., Nidec Component Technology (Suzhou) Co. Ltd., Nidec Component Technology (Thailand) Co. Ltd., Nidec Component Technology Bangpa-In Co. Ltd., Nidec Component Technology Co. Ltd., Nidec Copal, Nidec Copal (Malaysia) Sdn. Bhd., Nidec Copal (Thailand) Co. Ltd., Nidec Copal (U.S.A) Corporation, Nidec Copal (Vietnam) Co. Ltd., Nidec Copal (Zhejiang) Co. Ltd., Nidec Copal Electronics (Korea) Co. Ltd., Nidec Copal Electronics (Shanghai) Co. Ltd., Nidec Copal Electronics (Taiwan) Co. Ltd., Nidec Copal Electronics (Zhejiang) Co. Ltd., Nidec Copal Electronics Corporation, Nidec Copal Electronics GmbH, Nidec Copal Electronics Inc., Nidec Copal Electronics Singapore Pte. Ltd., Nidec Copal Hong Kong Co. Ltd., Nidec Copal Philippines Corporation, Nidec Copal Precision (Vietnam) Corporation, Nidec Electronics (Thailand) Co. Ltd., Nidec Electronics GmbH, Nidec Global Service Corporation, Nidec India Private Ltd., Nidec Kaiyu Auto Electric (Jiangsu) Co. Ltd., Nidec Kinetek Corporation, Nidec Korea Corporation, Nidec Laminaciones de Acero S.A. de C.V., Nidec Logistics Consulting (Pinghu) Corporation, Nidec Logistics Corporation, Nidec Logistics Singapore Pte. Ltd., Nidec Machinery (Shanghai) Co. Ltd., Nidec Machinery (Thailand) Co. Ltd., Nidec Machinery (Zhejiang) Corporation, Nidec Machinery Corporation, Nidec Management Shanghai Corporation, Nidec Motor (Qingdao) Corporation, Nidec Motor Canada Corporation, Nidec Motor Colombia SAS, Nidec Motor Corporation, Nidec Motor Holdings Corporation, Nidec Motor Philippines Corporation, Nidec Motors & Actuators, Nidec Motors & Actuators (Germany) GmbH, Nidec Motors & Actuators (Mexico) S. de R.L. de C.V., Nidec Motors & Actuators (Poland) Sp.Z o.o., Nidec Motors & Actuators (Spain) S.A., Nidec Motors & Actuators (USA) Inc., Nidec Nissin (H.K.) Co. Ltd., Nidec Philippines Corporation, Nidec Precision (Thailand) Co. Ltd., Nidec Precision Malaysia Sdn. Bhd., Nidec Precision Philippines Corporation, Nidec Read (Thailand) Co. Ltd., Nidec SR Drives Ltd., Nidec SR Drives Manufacturing Ltd., Nidec Sankyo (Dalian) Corporation, Nidec Sankyo (Dongguan) Precision Corporation, Nidec Sankyo (H.K.) Co. Ltd., Nidec Sankyo (Thailand) Co. Ltd., Nidec Sankyo (Zhejiang) Corporation, Nidec Sankyo America Corporation, Nidec Sankyo Corporation, Nidec Sankyo Electronics (Dongguan) Corporation, Nidec Sankyo Electronics (Shanghai) Corporation, Nidec Sankyo Electronics (Shaoguan) Co. Ltd., Nidec Sankyo Electronics (Shenzhen) Corporation, Nidec Sankyo Europe GmbH, Nidec Sankyo Music Box Corporation, Nidec Sankyo Service Engineering Corporation, Nidec Sankyo Singapore Pte. Ltd., Nidec Sankyo Taiwan Corporation, Nidec Sankyo Tohoku Corporation, Nidec Sankyo Vietnam (Hanoi) Corporation, Nidec Sankyo Vietnam Corporation, Nidec Seiko Corporation, Nidec Seimitsu (Hong Kong) Co. Ltd., Nidec Seimitsu America Corporation, Nidec Seimitsu Corporation, Nidec Seimitsu Motor Technology (Dongguan) Co. Ltd., Nidec Seimitsu Motor Technology (Shenzhen) Co. Ltd., Nidec Seimitsu Singapore Pte. Ltd., Nidec Seimitsu Vietnam Corporation, Nidec Servo (Changzhou) Corporation, Nidec Servo (Hong Kong) Co. Ltd., Nidec Servo (Shanghai) Co. Ltd., Nidec Servo Corporation, Nidec Servo Europe B.V., Nidec Servo Hotaka Corporation, Nidec Servo Vietnam Corporation, Nidec Shibaura (H.K.) Ltd., Nidec Shibaura (Shanghai) Co. Ltd., Nidec Shibaura (Zhejiang) Co. Ltd., Nidec Shibaura Electronics (Thailand) Co. Ltd., Nidec Singapore Pte. Ltd., Nidec Sole Motor Corporation S.R.L., Nidec Sole Motor Hungary K.F.T., Nidec Subic Philippines Corporation, Nidec Taiwan Corporation, Nidec Techno Motor Corporation, Nidec Tosok (Shanghai) Co. Ltd., Nidec Tosok (Vietnam) Co. Ltd., Nidec Tosok (Zhejiang) Corporation, Nidec Tosok Akiba (Vietnam) Co. Ltd., Nidec Tosok Corporation, Nidec Tosok Precision Vietnam Co. Ltd., Nidec Tosok Uogishi (Zhejiang) Corporation, Nidec Total Service (Zhejiang) Corporation, Nidec US Holdings Corporation, Nidec Vietnam Corporation, Nidec-Kyori (Shanghai) Machinery Corporation, Nidec-Kyori (Zhejiang) Machinery Corporation, Nidec-Read (Zhejiang) Corporation, Nidec-Read Corporation, Nidec-Read Korea Corporation, Nidec-Read Taiwan Corporation, Nidec-Shimpo (H.K.) Co. Ltd., Nidec-Shimpo (Shanghai) International Trading Co. Ltd., Nidec-Shimpo (Zhejiang) Corporation, Nidec-Shimpo America Corporation, Nidec-Shimpo Corporation, Nidec-Shimpo India Sales & Trading Private Ltd., Nidec-Shimpo Korea Corporation, Nidec-Shimpo Philippines Corporation, Nidec-Shimpo Taiwan Corporation, Nidec-Shimpo do Brasil Importacao Exportacoa e Comerico de Equipamentos Ltda., Niigata Nidec Copal Corporation, Ningbo Minster Industrial Machinery Co. Ltd., OMRON Automotive Electronics Co. Ltd, P.T. Nidec Indonesia, P.T. Nidec Sankyo Precision Indonesia, PT Pacific Coatings Batam, PT. Japan Servo Batam, PT. NAGATA OPTO INDONESIA, PT. Nidec Component Technology Indonesia, PT.Nidec Seimitsu Batam, Press Masters LLC, Roboteq Inc., Rotores S.A. de C.V., SC WADO Co. Ltd., SC Wado Component (Cambodia) Co. Ltd., SCD Co. Ltd, SCD Co. Ltd., SR motor drive business of China Tex Mechanical & Electrical Engineering Ltd, SV Probe Pte. Ltd, Secop GmbH, Selin Sistemi S.r.l, Sermed S.à.r.l.., Shimpo Drives Incorporation, Systeme + Steuerungen GmbH, T.E.A International S.r.l, Taima Casting Sdn. Bhd., Tammy Corporation, The Imperial Electric Company., Tundra Equipment Company., U.S.E.M. de Mexico S.A. de C.V., Valmark Industries Inc., Vamco International Inc., Wuxi Zhongxiu Kinetek Elevator Technology Co. Ltd., Xpert GmbH, and home appliance motor business of Appliances Components Companies S.p.A.
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This page (OTCMKTS:NJDCY) was last updated on 4/19/2024 by MarketBeat.com Staff

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