Omron (OMRNY) Projected to Post Quarterly Earnings on Wednesday

Omron (OTCMKTS:OMRNY) is expected to post its resultson Wednesday, August 5th. Analysts expect the company to announce earnings of $0.0911 per share and revenue of $1.2076 billion for the quarter.

Omron Price Performance

Shares of OTCMKTS:OMRNY opened at $31.66 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.41 and a current ratio of 1.83. The business’s fifty day moving average price is $35.35 and its two-hundred day moving average price is $32.11. The stock has a market cap of $6.23 billion, a PE ratio of 33.33, a price-to-earnings-growth ratio of 0.42 and a beta of 1.14. Omron has a one year low of $23.23 and a one year high of $40.76.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Zacks Research downgraded shares of Omron from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 11th. Jefferies Financial Group cut shares of Omron from a “buy” rating to a “hold” rating in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Omron Company Profile

Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.