NTT (OTCMKTS:NTTYY) Stock Rating Upgraded by Zacks Research

NTT (OTCMKTS:NTTYY) was upgraded by analysts at Zacks Research to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft downgraded NTT from a “buy” rating to a “hold” rating in a research note on Friday, February 6th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

NTT Stock Performance

NTTYY stock opened at $24.30 on Wednesday. The business’s fifty day moving average is $24.28 and its 200-day moving average is $24.81. The company has a quick ratio of 0.55, a current ratio of 0.59 and a debt-to-equity ratio of 1.29. The company has a market cap of $79.42 billion, a P/E ratio of 11.14 and a beta of 0.06. NTT has a twelve month low of $23.31 and a twelve month high of $28.70.

NTT (OTCMKTS:NTTYY) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $23.29 billion for the quarter, compared to the consensus estimate of $23.07 billion. NTT had a return on equity of 10.50% and a net margin of 7.66%. Equities research analysts forecast that NTT will post 1.8 EPS for the current year.

About NTT

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.