Jefferies Financial Group Weighs in on DENSO Co.’s FY2024 Earnings (OTCMKTS:DNZOY)

DENSO Co. (OTCMKTS:DNZOY – Get Rating) – Jefferies Financial Group dropped their FY2024 earnings per share (EPS) estimates for shares of DENSO in a note issued to investors on Tuesday, January 17th. Jefferies Financial Group analyst T. Nakanishi now expects that the company will post earnings per share of $2.28 for the year, down from their prior forecast of $2.41. The consensus estimate for DENSO’s current full-year earnings is $1.83 per share.

DENSO Trading Up 1.0 %

Shares of DNZOY stock opened at $26.17 on Friday. The stock’s fifty day moving average is $26.08 and its two-hundred day moving average is $26.14. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.23 and a current ratio of 1.88. The firm has a market capitalization of $40.56 billion, a P/E ratio of 18.96 and a beta of 1.00. DENSO has a fifty-two week low of $22.75 and a fifty-two week high of $39.00.

DENSO (OTCMKTS:DNZOY – Get Rating) last announced its quarterly earnings data on Friday, October 28th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.17). The firm had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $10.62 billion. DENSO had a net margin of 4.39% and a return on equity of 5.62%.

DENSO Company Profile

(Get Rating)

DENSO Corporation develops, manufactures, and sells automotive parts in Japan, Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including heat pump air-conditioning systems, refrigerant products, air-conditioning system heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.