Panasonic - PCRFY Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Panasonic in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PCRFY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PCRFY, but not buy additional shares or sell existing shares.
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Panasonic's stock was trading at $8.35 at the beginning of 2023. Since then, PCRFY stock has increased by 6.6% and is now trading at $8.90.
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Panasonic saw a increase in short interest in February. As of February 28th, there was short interest totaling 68,600 shares, an increase of 127.2% from the February 13th total of 30,200 shares. Based on an average trading volume of 204,700 shares, the days-to-cover ratio is currently 0.3 days.
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Panasonic Holdings Co. (OTCMKTS:PCRFY) announced its quarterly earnings data on Thursday, February, 2nd. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.03. The company had revenue of $15.32 billion for the quarter. Panasonic had a net margin of 2.73% and a trailing twelve-month return on equity of 6.09%.

Panasonic (OTCMKTS:PCRFY) pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.82%. The dividend payout ratio is 21.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PCRFY will have a dividend payout ratio of 21.05% next year. This indicates that the company will be able to sustain or increase its dividend.

Panasonic trades on the OTCMKTS under the ticker symbol "PCRFY."

Shares of PCRFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PCRFY stock can currently be purchased for approximately $8.90.

Panasonic (OTCMKTS:PCRFY) has a market capitalization of $21.84 billion and generates $65.82 billion in revenue each year. The company earns $2.27 billion in net income (profit) each year or $0.73 on an earnings per share basis.

The company employs 240,198 workers across the globe.

Panasonic's mailing address is 1006 OAZA KADOMA, KADOMA M0, 571-8501. The official website for the company is www.panasonic.com. The company can be reached via phone at (166) 908-1121 or via fax at 816-6908-2351.