Denso (OTCMKTS:DNZOY) Announces Quarterly Earnings Results

Denso (OTCMKTS:DNZOY) released its quarterly earnings results on Tuesday. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04, Zacks reports. Denso had a net margin of 5.12% and a return on equity of 7.23%.

Denso Trading Up 1.1%

Shares of DNZOY stock opened at $11.78 on Tuesday. The stock’s fifty day moving average price is $12.67 and its two-hundred day moving average price is $13.40. The company has a market cap of $34.29 billion, a PE ratio of 12.80 and a beta of 1.05. Denso has a fifty-two week low of $11.56 and a fifty-two week high of $15.85. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.28 and a current ratio of 1.91.

Analyst Ratings Changes

DNZOY has been the topic of several analyst reports. The Goldman Sachs Group lowered Denso from a “strong-buy” rating to a “neutral” rating in a report on Wednesday, January 7th. Zacks Research raised shares of Denso from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Denso Company Profile

Denso Corporation (OTCMKTS: DNZOY) is a global supplier of automotive technology, systems and components headquartered in Kariya, Aichi Prefecture, Japan. The company designs, manufactures and supplies a wide range of parts and systems for original equipment manufacturers (OEMs) and the aftermarket. Denso’s offerings span thermal systems, powertrain control, electrification components, electronic modules, sensors and actuators, and vehicle safety and driver assistance technologies.

Key product areas include climate control and HVAC components, radiators and heat exchangers, engine and fuel-management systems, starters and alternators, electronic control units (ECUs), sensors, and a growing portfolio of electrification products such as inverters, battery-management systems and charging components.