Alps Electric (APELY) Expected to Release Quarterly Earnings on Thursday

Alps Electric (OTCMKTS:APELY) is anticipated to announce its resultson Thursday, July 30th. Analysts expect Alps Electric to post earnings of $0.02 per share and revenue of $1.5225 billion for the quarter.

Alps Electric Price Performance

Shares of OTCMKTS:APELY opened at $25.67 on Thursday. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $26.44 and a two-hundred day simple moving average of $27.09. Alps Electric has a 12-month low of $20.68 and a 12-month high of $32.15. The stock has a market capitalization of $2.67 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 6.89 and a beta of 0.37.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Alps Electric from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Alps Electric Company Profile

Alps Electric Co, Ltd. (OTCMKTS:APELY), a subsidiary of Alps Alpine Co, Ltd., is a Japan-based manufacturer of electronic components and automotive solutions. Founded in 1948 and headquartered in Tokyo, the company designs and produces a broad portfolio of products for consumer electronics, industrial equipment, and the automotive sector. Its offerings include human-machine interface devices such as switches, touchpads, and rotary encoders, as well as sensors, wireless communication modules, and power management solutions.

In the automotive field, Alps Electric supplies advanced mechatronic systems including infotainment controls, navigation keypads, and haptic feedback devices.