Nidec (OTCMKTS:NJDCY) Upgraded at Zacks Research

Zacks Research upgraded shares of Nidec (OTCMKTS:NJDCY) from a strong sell rating to a hold rating in a research note released on Monday,Zacks.com reports.

Separately, Wall Street Zen raised Nidec from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 23rd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Nidec Stock Performance

OTCMKTS:NJDCY opened at $4.50 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.53 and a quick ratio of 1.00. The business has a fifty day simple moving average of $4.84 and a two-hundred day simple moving average of $4.60. Nidec has a 1 year low of $3.18 and a 1 year high of $5.70. The company has a market capitalization of $42.93 billion, a P/E ratio of 19.57, a P/E/G ratio of 0.71 and a beta of 1.08.

Nidec (OTCMKTS:NJDCY) last released its earnings results on Thursday, July 24th. The industrial goods maker reported $0.07 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.07. Nidec had a return on equity of 9.18% and a net margin of 6.06%.The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $647.61 billion. Nidec has set its FY 2025 guidance at 1.210-1.210 EPS. Q1 2025 guidance at 0.270-0.270 EPS. On average, analysts expect that Nidec will post 0.25 earnings per share for the current year.

About Nidec

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.