NTT (OTCMKTS:NTTYY) Issues Earnings Results

NTT (OTCMKTS:NTTYY) issued its quarterly earnings data on Thursday. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.46 by $0.07, Zacks reports. NTT had a return on equity of 10.39% and a net margin of 7.26%.

NTT Stock Performance

NTTYY traded up $0.42 during trading on Thursday, hitting $24.29. 68,429 shares of the company traded hands, compared to its average volume of 141,434. NTT has a one year low of $21.47 and a one year high of $28.38. The stock’s fifty day moving average is $23.08 and its 200 day moving average is $23.95. The company has a quick ratio of 0.48, a current ratio of 0.51 and a debt-to-equity ratio of 1.11. The firm has a market cap of $79.40 billion, a P/E ratio of 11.57, a price-to-earnings-growth ratio of 3.99 and a beta of 0.04.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of NTT from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

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.