Denso (DNZOY) to Release Earnings on Friday

Denso (OTCMKTS:DNZOY) is expected to be releasing its resultson Friday, April 24th. Analysts expect Denso to post earnings of $0.3604 per share and revenue of $11.9188 billion for the quarter.

Denso (OTCMKTS:DNZOY) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.04. Denso had a net margin of 5.12% and a return on equity of 7.23%. The business had revenue of $12.24 billion for the quarter, compared to analyst estimates of $11.88 billion. On average, analysts expect Denso to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Denso Trading Down 0.8%

Shares of OTCMKTS DNZOY opened at $11.95 on Friday. The company’s 50 day simple moving average is $12.98 and its 200 day simple moving average is $13.55. Denso has a fifty-two week low of $11.56 and a fifty-two week high of $15.85. The firm has a market capitalization of $34.79 billion, a P/E ratio of 12.99 and a beta of 1.05. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.91 and a quick ratio of 1.28.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DNZOY. The Goldman Sachs Group lowered shares of Denso from a “strong-buy” rating to a “neutral” rating in a report on Wednesday, January 7th. Zacks Research upgraded shares of Denso from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, Denso currently has a consensus rating of “Hold”.

Denso Company Profile

Denso Corporation (OTCMKTS: DNZOY) is a global supplier of automotive technology, systems and components headquartered in Kariya, Aichi Prefecture, Japan. The company designs, manufactures and supplies a wide range of parts and systems for original equipment manufacturers (OEMs) and the aftermarket. Denso’s offerings span thermal systems, powertrain control, electrification components, electronic modules, sensors and actuators, and vehicle safety and driver assistance technologies.

Key product areas include climate control and HVAC components, radiators and heat exchangers, engine and fuel-management systems, starters and alternators, electronic control units (ECUs), sensors, and a growing portfolio of electrification products such as inverters, battery-management systems and charging components.