Omron (OTCMKTS:OMRNY) Reaches New 52-Week High – Still a Buy?

Shares of Omron Corp. (OTCMKTS:OMRNY) hit a new 52-week high on Tuesday . The stock traded as high as $32.0650 and last traded at $31.4992, with a volume of 38744 shares trading hands. The stock had previously closed at $31.20.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Omron from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Omron Price Performance

The firm has a market cap of $6.53 billion, a price-to-earnings ratio of 40.05, a price-to-earnings-growth ratio of 0.62 and a beta of 0.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.40 and a current ratio of 2.14. The company’s fifty day moving average is $26.29 and its two-hundred day moving average is $26.61.

Omron (OTCMKTS:OMRNY) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.19). Omron had a return on equity of 2.46% and a net margin of 2.80%.The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. Omron has set its FY 2025 guidance at 0.960-0.960 EPS. Equities research analysts forecast that Omron Corp. will post 0.42 EPS for the current year.

Institutional Trading of Omron

A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC grew its position in shares of Omron Corp. (OTCMKTS:OMRNY) by 50.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 1.09% of the company’s stock.

About Omron

Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.