Fujitsu (FJTSY) Expected to Announce Earnings on Thursday

Fujitsu (OTCMKTS:FJTSY) is anticipated to issue its resultson Thursday, April 23rd. Analysts expect the company to announce earnings of $17.47 per share and revenue of $778.9414 billion for the quarter.

Fujitsu Price Performance

FJTSY opened at $23.39 on Thursday. The firm has a 50-day moving average price of $22.43 and a 200-day moving average price of $25.08. Fujitsu has a twelve month low of $19.10 and a twelve month high of $30.05. The company has a quick ratio of 1.62, a current ratio of 1.87 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $41.08 billion, a price-to-earnings ratio of 51.98, a PEG ratio of 1.16 and a beta of 0.91.

Analysts Set New Price Targets

Several research firms recently commented on FJTSY. Jefferies Financial Group downgraded shares of Fujitsu from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. UBS Group raised shares of Fujitsu to a “hold” rating in a report on Monday, January 26th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Fujitsu currently has an average rating of “Hold”.

About Fujitsu

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu’s offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.