Nissan Motor (OTCMKTS:NSANY) Raised to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Nissan Motor (OTCMKTS:NSANY) from a sell rating to a hold rating in a research note published on Thursday morning, reports.

According to Zacks, “Nissan Motor Company, Ltd. manufactures and markets motor vehicles and parts. In North America, Nissan’s operations include styling, engineering, manufacturing, sales, customer and corporate finance and industrial and textile equipment. Nissan in North America employs more than 20,000 people in the United States, Canada and Mexico and generates nearly 75,000 jobs through its 1,500 Nissan and Infinity dealerships across the continent. “

Other equities analysts have also issued research reports about the company. Macquarie lowered Nissan Motor from a neutral rating to an underperform rating in a research note on Tuesday, May 14th. UBS Group raised Nissan Motor from a sell rating to a buy rating in a research note on Wednesday, June 5th.

OTCMKTS NSANY opened at $12.36 on Thursday. The firm has a market cap of $23.90 billion, a price-to-earnings ratio of 9.26, a price-to-earnings-growth ratio of 1.90 and a beta of 0.92. The company has a quick ratio of 1.34, a current ratio of 1.50 and a debt-to-equity ratio of 0.76. The business has a 50-day moving average price of $13.62 and a 200-day moving average price of $15.29. Nissan Motor has a twelve month low of $12.11 and a twelve month high of $19.69.

Nissan Motor (OTCMKTS:NSANY) last released its quarterly earnings data on Thursday, July 25th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.23). The business had revenue of $21.59 billion during the quarter, compared to the consensus estimate of $24.15 billion. Nissan Motor had a return on equity of 5.08% and a net margin of 1.86%. Research analysts expect that Nissan Motor will post 0.69 EPS for the current fiscal year.

About Nissan Motor

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan, Infiniti, and Datsun brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and other related component parts; automotive parts; industrial equipment engines and other related component parts, and axles; specially equipped vehicles; motorsports engines; and rechargeable lithium-ion batteries.

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