Denso Corp. (OTCMKTS:DNZOY) Short Interest Update

Denso Corp. (OTCMKTS:DNZOY) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 31,722 shares, a decrease of 46.9% from the January 29th total of 59,723 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 273,928 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 273,928 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Denso Trading Down 0.3%

Shares of DNZOY stock opened at $14.28 on Monday. The company has a market capitalization of $41.57 billion, a PE ratio of 15.52 and a beta of 1.06. Denso has a 52-week low of $10.96 and a 52-week high of $15.85. The business’s fifty day moving average is $13.97 and its 200 day moving average is $14.07. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.28 and a current ratio of 1.91.

Denso (OTCMKTS:DNZOY) last posted its earnings results on Tuesday, February 3rd. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.30 by $0.04. Denso had a return on equity of 7.23% and a net margin of 5.12%.The business had revenue of $12.24 billion during the quarter, compared to analysts’ expectations of $11.88 billion. On average, equities research analysts anticipate that Denso will post 1.05 EPS for the current fiscal year.

Analysts Set New Price Targets

DNZOY has been the topic of a number of analyst reports. The Goldman Sachs Group lowered Denso from a “strong-buy” rating to a “neutral” rating in a research note on Wednesday, January 7th. Zacks Research raised Denso from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company 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.