Denso (OTCMKTS:DNZOY) Upgraded at Zacks Research

Zacks Research upgraded shares of Denso (OTCMKTS:DNZOY) from a strong sell rating to a hold rating in a research note published on Monday morning,Zacks.com reports.

Separately, The Goldman Sachs Group downgraded Denso from a “strong-buy” rating to a “neutral” rating in a research report on Wednesday, January 7th. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Denso Stock Down 1.0%

DNZOY opened at $13.64 on Monday. The stock’s fifty day simple moving average is $13.58 and its 200 day simple moving average is $14.02. Denso has a 1-year low of $10.96 and a 1-year high of $15.85. The stock has a market cap of $39.71 billion, a PE ratio of 15.86 and a beta of 1.07. The company has a current ratio of 1.73, a quick ratio of 1.16 and a debt-to-equity ratio of 0.07.

Denso (OTCMKTS:DNZOY) last released its quarterly earnings data on Friday, October 31st. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.31). The company had revenue of $11.91 billion during the quarter, compared to analyst estimates of $11.67 billion. Denso had a net margin of 4.92% and a return on equity of 6.84%. As a group, research analysts expect that Denso will post 1.05 earnings per share for the current year.

About Denso

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.