Seiko Epson (OTCMKTS:SEKEY) Upgraded at Zacks Research

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

Separately, Nomura Securities raised Seiko Epson to a “strong-buy” rating in a research report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Seiko Epson presently has an average rating of “Buy”.

Seiko Epson Trading Down 0.1%

SEKEY opened at $6.66 on Monday. The firm has a market cap of $4.98 billion, a price-to-earnings ratio of 15.49 and a beta of 0.81. The company has a current ratio of 2.17, a quick ratio of 1.21 and a debt-to-equity ratio of 0.23. Seiko Epson has a 12 month low of $6.11 and a 12 month high of $9.69. The stock has a fifty day moving average price of $6.44 and a 200-day moving average price of $6.79.

Seiko Epson (OTCMKTS:SEKEY) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.05). The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $322.07 billion. Seiko Epson had a return on equity of 5.20% and a net margin of 3.14%. As a group, equities research analysts anticipate that Seiko Epson will post 0.48 earnings per share for the current fiscal year.

Seiko Epson Company Profile

Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses. It operates through three segments: Printing Solutions, Visual Communications, and Manufacturing-related and Wearables segments.