Yamaha Motor Co., Ltd. to Post FY2023 Earnings of $3.54 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:YAMHF)

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF – Get Rating) – Equities researchers at Jefferies Financial Group cut their FY2023 earnings per share (EPS) estimates for Yamaha Motor in a research note issued to investors on Tuesday, January 17th. Jefferies Financial Group analyst T. Nakanishi now forecasts that the company will earn $3.54 per share for the year, down from their previous forecast of $3.59. The consensus estimate for Yamaha Motor’s current full-year earnings is $3.72 per share. Jefferies Financial Group also issued estimates for Yamaha Motor’s FY2024 earnings at $3.49 EPS.

Separately, Morgan Stanley began coverage on Yamaha Motor in a report on Tuesday, December 6th. They set an “overweight” rating on the stock.

Yamaha Motor Price Performance

Yamaha Motor stock opened at $23.68 on Friday. The stock has a market capitalization of $8.28 billion, a price-to-earnings ratio of 6.78 and a beta of 1.16. Yamaha Motor has a 52-week low of $17.54 and a 52-week high of $25.02. The stock’s 50 day moving average price is $23.60 and its two-hundred day moving average price is $21.18. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.07 and a current ratio of 1.72.

Yamaha Motor (OTCMKTS:YAMHF – Get Rating) last announced its earnings results on Monday, November 7th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.79 by $0.28. Yamaha Motor had a return on equity of 14.58% and a net margin of 7.02%. The business had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $3.70 billion.

Yamaha Motor Company Profile

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Yamaha Motor Co, Ltd., together with its subsidiaries, engages in the land mobility, marine products, robotics, and financial services businesses in Japan, North America, Europe, Asia, and internationally. Its Land Mobility segment offers motorcycles, leaning multi-wheelers, all-terrain vehicles, recreational off highway vehicles, snowmobiles, electrically power-assisted bicycles, electric wheelchairs, automobile engines, and automobile components, as well as intermediate parts for products, and knockdown parts.