Q3 2018 EPS Estimates for Denso Corp Decreased by Jefferies Group (DNZOY)

Denso Corp (OTCMKTS:DNZOY) – Analysts at Jefferies Group lowered their Q3 2018 EPS estimates for Denso in a report released on Tuesday. Jefferies Group analyst T. Nakanishi now expects that the company will post earnings of $0.50 per share for the quarter, down from their previous estimate of $0.51. Jefferies Group also issued estimates for Denso’s Q4 2018 earnings at $0.38 EPS.

Denso (OTCMKTS:DNZOY) last posted its earnings results on Tuesday, October 31st. The company reported $0.45 earnings per share (EPS) for the quarter. Denso had a net margin of 6.68% and a return on equity of 8.91%.

A number of other equities analysts have also commented on the stock. Zacks Investment Research raised shares of Denso from a “sell” rating to a “buy” rating and set a $32.00 price target on the stock in a research report on Wednesday, November 15th. ValuEngine raised shares of Denso from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st.

Denso (OTCMKTS DNZOY) traded up $0.26 during trading hours on Friday, reaching $31.95. 9,323 shares of the company were exchanged, compared to its average volume of 10,639. Denso has a 1-year low of $20.81 and a 1-year high of $31.88. The company has a market capitalization of $51,328.59, a price-to-earnings ratio of 17.75, a price-to-earnings-growth ratio of 1.81 and a beta of 0.95. The company has a current ratio of 2.16, a quick ratio of 1.70 and a debt-to-equity ratio of 0.08.

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About Denso

DENSO Corporation is a supplier of automotive technology, systems and components for automakers. The Company’s segments include Japan, North America, Europe, Asia and Others. It is organized into business groups, including Powertrain Control, which is engaged in the development and production of gasoline and diesel engine control systems; Thermal, which is engaged in the development and production of air-conditioning systems; Information and Safety Systems, which is engaged in the development and production of air-conditioning systems; Electronic, which is engaged in the development and production of semiconductor sensors and microelectronic devices; Small Motors, which is engaged in the development and production of windshield wiper systems; Industrial Systems, which is engaged in the development and production of bar code, and industrial robots, and Consumer Products, which is engaged is engaged in the development and production of carbon dioxide refrigerant heat-pump water heaters.

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