Fujitsu (OTCMKTS:FJTSY) Releases Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Fujitsu (OTCMKTS:FJTSY) posted its quarterly earnings data on Thursday. The technology company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.06), Zacks reports.

Fujitsu Stock Performance

OTCMKTS:FJTSY traded down $4.41 during mid-day trading on Thursday, hitting $24.06. 174,709 shares of the company’s stock traded hands, compared to its average volume of 345,294. The firm has a market capitalization of $42.25 billion, a price-to-earnings ratio of 44.56, a price-to-earnings-growth ratio of 1.33 and a beta of 0.80. The firm has a 50 day moving average of $25.63 and a two-hundred day moving average of $23.28. The company has a current ratio of 1.83, a quick ratio of 1.56 and a debt-to-equity ratio of 0.04. Fujitsu has a 12 month low of $19.10 and a 12 month high of $30.05.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Fujitsu from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Fujitsu Company Profile

Fujitsu Limited is a Japanese information and communications technology company that provides digital services, technology solutions and consulting to businesses, governments and other organizations. Its offerings include cloud computing, artificial intelligence, data and analytics, cybersecurity, application development, systems integration, managed services and digital transformation support.

The company also supplies computing and technology infrastructure, including servers, storage systems, networking products and related enterprise solutions.