Nippon Paint (OTCMKTS:NPCPF) Releases Earnings Results

Nippon Paint (OTCMKTS:NPCPF) issued its earnings results on Friday. The company reported $0.15 EPS for the quarter, Zacks reports. The business had revenue of $3.35 billion during the quarter. Nippon Paint had a return on equity of 11.27% and a net margin of 10.53%.

Nippon Paint Price Performance

Shares of NPCPF opened at $6.69 on Friday. The stock has a market cap of $15.58 billion, a price-to-earnings ratio of 11.95 and a beta of 0.05. The company has a quick ratio of 1.56, a current ratio of 1.89 and a debt-to-equity ratio of 0.63. Nippon Paint has a 12 month low of $6.00 and a 12 month high of $7.05. The company has a 50-day moving average price of $6.77 and a two-hundred day moving average price of $6.06.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Nippon Paint to a “hold” rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Nippon Paint has a consensus rating of “Hold”.

Nippon Paint Company Profile

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.