NTT (OTCMKTS:NTTYY – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.
NTT Stock Down 0.5%
Shares of OTCMKTS NTTYY opened at $22.12 on Tuesday. The business has a 50-day moving average of $23.39 and a two-hundred day moving average of $24.27. The company has a market capitalization of $72.31 billion, a price-to-earnings ratio of 10.53 and a beta of 0.04. NTT has a 1 year low of $21.47 and a 1 year high of $28.38. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.51 and a quick ratio of 0.48.
NTT (OTCMKTS:NTTYY – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $25.46 billion for the quarter, compared to the consensus estimate of $24.01 billion. NTT had a return on equity of 10.39% and a net margin of 7.26%. On average, analysts forecast that NTT will post 1.91 earnings per share for the current fiscal year.
NTT Company Profile
Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company’s core offerings include fixed‐line and mobile communications, high‐speed internet services, and network management for enterprise and consumer customers.
NTT’s business operations are organized across several key subsidiaries.
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