FY2024 EPS Estimates for Olympus Co. (OTCMKTS:OCPNY) Lifted by Jefferies Financial Group

Olympus Co. (OTCMKTS:OCPNY – Get Rating) – Research analysts at Jefferies Financial Group raised their FY2024 earnings per share estimates for Olympus in a research report issued to clients and investors on Tuesday, May 31st. Jefferies Financial Group analyst M. Nakanomyo now expects that the company will earn $0.98 per share for the year, up from their prior forecast of $0.90.

Separately, Zacks Investment Research lowered Olympus from a “hold” rating to a “sell” rating in a research report on Wednesday, April 13th.

Shares of OCPNY opened at $21.17 on Friday. The business’s 50 day moving average is $19.36 and its two-hundred day moving average is $20.44. Olympus has a 52-week low of $16.80 and a 52-week high of $24.26. The firm has a market cap of $27.51 billion, a price-to-earnings ratio of 25.92, a PEG ratio of 1.89 and a beta of 0.68. The company has a quick ratio of 1.47, a current ratio of 1.97 and a debt-to-equity ratio of 0.71.

About Olympus (Get Rating)

Olympus Corporation manufactures and sells precision machineries and instruments worldwide. It operates through four segments: Endoscopic Solutions Business, Therapeutic Solutions Business, Scientific Solutions Business, and Others. The Endoscopic Solutions Business segment offers gastrointestinal and surgical endoscopes, endoscopy system, and repair services.

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