Kawasaki Heavy Industries (KWHIY) to Post Quarterly Earnings on Friday

Kawasaki Heavy Industries (OTCMKTS:KWHIY) is expected to post its results before the market opens on Friday, August 7th. Analysts expect Kawasaki Heavy Industries to announce earnings of $0.0691 per share and revenue of $3.3345 billion for the quarter.

Kawasaki Heavy Industries Price Performance

KWHIY opened at $7.37 on Thursday. The stock has a market cap of $16.16 billion, a P/E ratio of 21.30 and a beta of 0.75. Kawasaki Heavy Industries has a 12 month low of $4.67 and a 12 month high of $9.73. The company has a quick ratio of 0.73, a current ratio of 1.15 and a debt-to-equity ratio of 0.38. The company has a fifty day simple moving average of $7.12 and a 200 day simple moving average of $20.91.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered Kawasaki Heavy Industries from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. (OTCMKTS: KWHIY) is a diversified Japanese conglomerate with core operations in shipbuilding, rolling stock, industrial machinery, aerospace and energy systems. The company traces its roots to 1896 when founder Shozo Kawasaki established a shipyard in Kobe, Japan. Today, the firm is headquartered in Kobe and Tokyo and is recognized as one of the world’s leading manufacturers of heavy equipment and engineering solutions.

In its marine division, Kawasaki Heavy Industries designs and constructs a broad range of vessels including LNG carriers, container ships and offshore support platforms.