Nidec (NJDCY) Set to Announce Earnings on Wednesday

by · The Cerbat Gem

Nidec (OTCMKTS:NJDCY – Get Free Report) will post its quarterly earnings results on Wednesday, October 23rd. Analysts expect Nidec to post earnings of $0.03 per share for the quarter.

Nidec (OTCMKTS:NJDCY – Get Free Report) last posted its earnings results on Tuesday, July 23rd. The industrial goods maker reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. The company had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.01 billion. Nidec had a return on equity of 6.95% and a net margin of 4.80%. On average, analysts expect Nidec to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nidec Trading Down 1.6 %

Shares of OTCMKTS NJDCY traded down $0.08 during mid-day trading on Tuesday, reaching $4.76. 151,265 shares of the company’s stock were exchanged, compared to its average volume of 226,962. The firm has a market capitalization of $21.94 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 0.69 and a beta of 1.11. Nidec has a 52-week low of $4.47 and a 52-week high of $6.63. The company’s 50-day moving average is $9.19 and its 200-day moving average is $10.49. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.12 and a current ratio of 1.73.

About Nidec

(Get Free Report)

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components.

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