Nikon (OTCMKTS:NINOY) Stock Rating Upgraded by Zacks Research

Nikon (OTCMKTS:NINOY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Nikon Trading Down 1.6%

OTCMKTS NINOY opened at $11.16 on Monday. The company has a market capitalization of $3.72 billion, a PE ratio of 62.01 and a beta of 0.53. The company has a current ratio of 1.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.18. Nikon has a 1-year low of $8.50 and a 1-year high of $12.91. The firm’s fifty day simple moving average is $11.41 and its 200-day simple moving average is $11.02.

Nikon (OTCMKTS:NINOY) last released its quarterly earnings data on Thursday, November 6th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.15). Nikon had a return on equity of 1.33% and a net margin of 1.25%.The firm had revenue of $1 billion during the quarter, compared to analyst estimates of $1.03 billion. As a group, sell-side analysts anticipate that Nikon will post 0.44 earnings per share for the current fiscal year.

Nikon Company Profile

Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.