Seiko Epson Corp. (OTCMKTS:SEKEY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $9.82, but opened at $8.5050. Seiko Epson shares last traded at $8.5050, with a volume of 1,538 shares trading hands.
Analysts Set New Price Targets
Separately, Jefferies Financial Group lowered shares of Seiko Epson from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.
View Our Latest Report on SEKEY
Seiko Epson Stock Down 4.5%
The business’s fifty day moving average price is $10.24 and its 200 day moving average price is $8.35. The company has a quick ratio of 1.27, a current ratio of 2.09 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $6.36 billion, a PE ratio of 32.75 and a beta of 1.01.
Seiko Epson (OTCMKTS:SEKEY – Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.10. Seiko Epson had a net margin of 1.71% and a return on equity of 2.97%. The business had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.35 billion. On average, equities research analysts forecast that Seiko Epson Corp. will post 0.68 earnings per share for the current fiscal year.
Seiko Epson Company Profile
Seiko Epson Corporation is a Japan-based technology company that develops and manufactures imaging, printing, visual communications, and precision products. The company is best known for its Epson brand of inkjet printers, multifunction devices, scanners, and business and industrial printing systems.
Epson also produces projectors and other visual communication equipment, industrial robots and automation systems, microdevices, electronic components, and related solutions. Its product portfolio serves consumers, businesses, schools, commercial printers, manufacturers, and other institutional customers.
The company traces its origins to Daiwa Kogyo, founded in 1942 in Suwa, Japan, and adopted the Epson name in the 1970s.
Featured Articles
- Five stocks we like better than Seiko Epson
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
- Block by Block: Cash App Builds a Stronger Foundation
- Arista Networks Cashes In on the AI Infrastructure Buildout
Receive News & Ratings for Seiko Epson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seiko Epson and related companies with MarketBeat.com's FREE daily email newsletter.
