Seiko Epson (OTCMKTS:SEKEY) Sets New 1-Year High – What’s Next?

Seiko Epson Corp. (OTCMKTS:SEKEY)’s stock price reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as $10.45 and last traded at $10.45, with a volume of 322 shares traded. The stock had previously closed at $10.28.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut Seiko Epson from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Seiko Epson Trading Up 1.9%

The firm has a market cap of $7.83 billion, a P/E ratio of 40.31 and a beta of 0.85. The stock has a 50 day moving average of $9.78 and a 200 day moving average of $8.38. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.09 and a quick ratio of 1.27.

Seiko Epson (OTCMKTS:SEKEY) last issued its earnings results on Wednesday, August 5th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.04. Seiko Epson had a net margin of 1.71% and a return on equity of 2.97%. The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.09 billion. Seiko Epson has set its FY 2026 guidance at 0.676-0.676 EPS. As a group, equities research analysts predict that Seiko Epson Corp. will post 0.68 EPS for the current year.

About Seiko Epson

Seiko Epson Corporation, listed in the United States under the symbol SEKEY, is a Japan-based technology company that develops and manufactures imaging, printing, visual communications and precision equipment. Its products include inkjet printers and multifunction devices for consumer, business and industrial applications, as well as commercial and industrial printing systems, scanners, and related supplies and services.

The company also produces projectors and other visual communications equipment, industrial robots and automation systems, wearable devices and watches, and electronic components such as sensing and microdisplay technologies.