Nitto Denko (OTCMKTS:NDEKY – Get Free Report) posted its quarterly earnings data on Tuesday. The technology company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.13), Zacks reports. Nitto Denko had a return on equity of 12.47% and a net margin of 13.00%. Nitto Denko updated its FY 2026 guidance to 1.335-1.335 EPS.
Nitto Denko Stock Performance
NDEKY opened at $20.80 on Tuesday. The company has a fifty day moving average price of $19.53 and a two-hundred day moving average price of $20.72. The firm has a market capitalization of $14.12 billion, a PE ratio of 15.88 and a beta of 0.84. Nitto Denko has a 52 week low of $17.75 and a 52 week high of $26.48.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group cut Nitto Denko from a “strong-buy” rating to a “neutral” rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
About Nitto Denko
Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company’s core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.
The company’s product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.
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