Omron (OMRNY) Expected to Announce Earnings on Thursday

Omron (OTCMKTS:OMRNY) will likely be issuing its resultson Thursday, May 14th. Analysts expect the company to announce earnings of $0.75 per share and revenue of $1.5694 billion for the quarter.

Omron Stock Down 1.8%

Shares of Omron stock opened at $39.72 on Tuesday. The business’s fifty day moving average price is $31.01 and its two-hundred day moving average price is $28.36. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.11 and a quick ratio of 1.37. The company has a market capitalization of $7.81 billion, a P/E ratio of 50.28, a PEG ratio of 0.47 and a beta of 1.16. Omron has a 1-year low of $23.23 and a 1-year high of $40.76.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Omron from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

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.