Sekisui House (OTCMKTS:SKHSY) Upgraded at CLSA

CLSA upgraded shares of Sekisui House (OTCMKTS:SKHSY) to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

Sekisui House Trading Down 0.0%

OTCMKTS:SKHSY opened at $22.15 on Monday. The firm has a 50-day simple moving average of $23.22 and a 200-day simple moving average of $22.53. Sekisui House has a one year low of $20.20 and a one year high of $25.61. The firm has a market cap of $14.36 billion, a P/E ratio of 9.31 and a beta of 0.42. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.55 and a current ratio of 2.55.

Sekisui House (OTCMKTS:SKHSY) last released its quarterly earnings data on Thursday, March 5th. The construction company reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.08). The business had revenue of $8.03 billion for the quarter, compared to the consensus estimate of $8.51 billion. Sekisui House had a net margin of 5.51% and a return on equity of 11.12%.

Sekisui House Company Profile

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.