Nippon Paint (OTCMKTS:NPCPF) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Nippon Paint (OTCMKTS:NPCPF) to a hold rating in a report released on Monday,Zacks.com reports.

Nippon Paint Price Performance

NPCPF opened at $6.73 on Monday. The company has a 50 day moving average of $6.32 and a 200 day moving average of $5.27. The company has a market cap of $15.67 billion, a PE ratio of 12.02 and a beta of 0.06. Nippon Paint has a 12 month low of $6.00 and a 12 month high of $8.12. The company has a current ratio of 2.16, a quick ratio of 1.78 and a debt-to-equity ratio of 0.71.

Nippon Paint (OTCMKTS:NPCPF) last released its quarterly earnings data on Friday, May 15th. The company reported $0.14 EPS for the quarter. The company had revenue of $3.13 billion during the quarter. Nippon Paint had a net margin of 10.53% and a return on equity of 11.52%. On average, sell-side analysts expect that Nippon Paint will post 0.48 EPS for the current year.

About Nippon Paint

Nippon Paint Holdings Co, Ltd. is a leading global manufacturer of paints and coatings, with roots tracing back to its founding in 1881 in Osaka, Japan. The company develops, produces, and markets a broad portfolio of decorative paints for residential and commercial applications, as well as high-performance industrial coatings tailored to automotive, marine, aerospace, protective, and general industrial markets. Its product lines include emulsions, primers, topcoats, powder coatings, and specialty formulations designed to meet stringent performance and environmental standards.

Through a network of subsidiaries, joint ventures, and strategic alliances, Nippon Paint serves customers across Asia, Europe, North America, and other emerging markets.