Denso (DNZOY) Projected to Announce Earnings on Thursday

Denso (OTCMKTS:DNZOY) is expected to be releasing its resultson Thursday, July 30th. Analysts expect Denso to announce earnings of $0.1954 per share and revenue of $11.4227 billion for the quarter.

Denso (OTCMKTS:DNZOY) last issued its quarterly earnings data on Monday, April 27th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.04. The company had revenue of $12.80 billion for the quarter, compared to analysts’ expectations of $11.85 billion. Denso had a net margin of 5.82% and a return on equity of 8.14%. On average, analysts expect Denso to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Denso Stock Performance

OTCMKTS DNZOY opened at $12.16 on Thursday. The company has a market capitalization of $35.40 billion, a price-to-earnings ratio of 11.36 and a beta of 0.96. The company has a quick ratio of 1.41, a current ratio of 2.09 and a debt-to-equity ratio of 0.10. Denso has a twelve month low of $11.18 and a twelve month high of $15.85. The stock has a fifty day simple moving average of $11.82 and a 200 day simple moving average of $12.60.

Wall Street Analyst Weigh In

Separately, Citigroup cut Denso from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, 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.