Brokers Offer Predictions for Aisin Co.’s Q1 2023 Earnings (OTCMKTS:ASEKY)

Aisin Co. (OTCMKTS:ASEKYGet Rating) – Research analysts at Jefferies Financial Group dropped their Q1 2023 EPS estimates for Aisin in a research report issued on Thursday, June 2nd. Jefferies Financial Group analyst T. Nakanishi now forecasts that the company will post earnings per share of $1.07 for the quarter, down from their prior forecast of $1.14. Jefferies Financial Group also issued estimates for Aisin’s Q3 2023 earnings at $0.98 EPS, Q4 2023 earnings at $1.28 EPS and FY2024 earnings at $5.73 EPS.

Separately, Zacks Investment Research cut Aisin from a “hold” rating to a “strong sell” rating in a research note on Friday, April 15th.

Shares of ASEKY stock opened at $33.34 on Monday. Aisin has a 12-month low of $27.99 and a 12-month high of $45.64. The company has a current ratio of 1.66, a quick ratio of 1.13 and a debt-to-equity ratio of 0.41. The stock’s 50-day moving average price is $31.06 and its 200-day moving average price is $35.02. The stock has a market capitalization of $9.82 billion, a price-to-earnings ratio of 5.85 and a beta of 1.13.

Aisin Company Profile (Get Rating)

Aisin Corporation manufactures and sells automotive parts, and energy- and lifestyle-related products. It provides powertrain products comprising 1-motor hybrid transmission and eaxle products; chassis and vehicle safety systems, such as automated parking systems and electronically controlled brake systems; power sliding door systems and sunroof products; connected and sharing solutions; and repair and maintenance products.

Further Reading

Earnings History and Estimates for Aisin (OTCMKTS:ASEKY)

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