FUJIFILM (FUJIY) Rating Lowered to Sell at Zacks Investment Research

FUJIFILM (OTCMKTS:FUJIY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Monday.

According to Zacks, “Over the last month, Fujifilm’s shares have outperformed the industry. However, we fear that prevalent headwinds might dent the company’s near-term performance. For instance, adverse foreign currency translation impact might continue to weigh over Fujifilm’s revenues in the near future. Moreover, stiff industry rivalry might also lower market share in the quarters ahead. Also, we percieve that weaker Oceania end markets’ sales or depressed graphic systems business might continue to weigh over Fujifilm’s revenues and profitability. Over the last seven days, the Zacks Consensus Estimate for the stock moved south for both fiscal 2018 and 2019.”

Separately, ValuEngine raised FUJIFILM from a “hold” rating to a “buy” rating in a report on Monday, October 2nd.

Shares of FUJIFILM (FUJIY) traded down $0.03 during midday trading on Monday, reaching $42.40. The company’s stock had a trading volume of 5,248 shares, compared to its average volume of 28,312. The company has a current ratio of 2.95, a quick ratio of 2.32 and a debt-to-equity ratio of 0.18. FUJIFILM has a 52-week low of $35.25 and a 52-week high of $43.07. The firm has a market cap of $21,800.00, a price-to-earnings ratio of 12.40 and a beta of 0.34.

TRADEMARK VIOLATION WARNING: “FUJIFILM (FUJIY) Rating Lowered to Sell at Zacks Investment Research” was posted by American Banking News and is the property of of American Banking News. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark law. The original version of this report can be read at https://www.americanbankingnews.com/2018/01/15/fujifilm-fujiy-rating-lowered-to-sell-at-zacks-investment-research.html.

About FUJIFILM

FUJIFILM Holdings Corporation is engaged in the development, production, sales and service of imaging solutions, information solutions and document solutions. The Company’s segments include Imaging Solutions, Information Solutions, Document Solutions and, Corporate expenses and eliminations. The Imaging Solutions segment consists of photo imaging, and optical device and electronic imaging products.

Get a free copy of the Zacks research report on FUJIFILM (FUJIY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for FUJIFILM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FUJIFILM and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply