Nitto Denko (OTCMKTS:NDEKY) Releases Earnings Results, Misses Estimates By $0.13 EPS

Nitto Denko (OTCMKTS:NDEKY) released its quarterly earnings data on Tuesday. The technology company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.13), Zacks reports. Nitto Denko had a net margin of 13.00% and a return on equity of 12.47%. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.60 billion. Nitto Denko updated its FY 2026 guidance to 1.335-1.335 EPS.

Nitto Denko Trading Up 0.9%

OTCMKTS NDEKY opened at $20.98 on Wednesday. The company’s fifty day simple moving average is $19.58 and its 200-day simple moving average is $20.70. The stock has a market cap of $14.24 billion, a P/E ratio of 16.02 and a beta of 0.84. Nitto Denko has a 52 week low of $17.75 and a 52 week high of $26.48.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut shares of Nitto Denko from a “strong-buy” rating to a “neutral” rating in a research report on Monday, June 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Nitto Denko has a consensus rating of “Hold”.

Nitto Denko Company Profile

Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company’s core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.

The company’s product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.