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. “
A number of other research analysts have also commented on the stock. UBS Group upgraded shares of Nissan Motor from a sell rating to a buy rating in a research report on Wednesday, June 5th. Morgan Stanley lowered shares of Nissan Motor from an equal rating to a weight rating in a research report on Thursday, September 5th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $19.00.
Nissan Motor (OTCMKTS:NSANY) last released its quarterly earnings results on Thursday, July 25th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.23). The firm had revenue of $21.59 billion for the quarter, compared to analysts’ expectations of $24.15 billion. Nissan Motor had a net margin of 1.86% and a return on equity of 5.11%. On average, analysts expect that Nissan Motor will post 0.66 earnings per share for the current year.
Nissan Motor Company Profile
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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