FY2018 EPS Estimates for Osram Licht Ag Cut by Jefferies Group (OSAGF)

Osram Licht Ag (OTCMKTS:OSAGF) – Stock analysts at Jefferies Group dropped their FY2018 earnings per share estimates for Osram Licht in a research report issued on Thursday. Jefferies Group analyst P. Reilly now anticipates that the company will post earnings per share of $4.60 for the year, down from their previous forecast of $4.64. Jefferies Group also issued estimates for Osram Licht’s FY2019 earnings at $5.93 EPS and FY2020 earnings at $7.29 EPS.

Several other equities research analysts have also issued reports on OSAGF. DZ Bank reaffirmed a “buy” rating on shares of Osram Licht in a research note on Thursday, November 16th. Zacks Investment Research downgraded Osram Licht from a “hold” rating to a “strong sell” rating in a report on Thursday, December 14th. Finally, ValuEngine raised Osram Licht from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st.

Shares of Osram Licht (OTCMKTS:OSAGF) traded down $1.51 on Friday, hitting $88.74. The company had a trading volume of 100 shares, compared to its average volume of 200. The stock has a market capitalization of $8,918.98, a P/E ratio of 32.15, a price-to-earnings-growth ratio of 1.22 and a beta of -1.06. Osram Licht has a one year low of $57.83 and a one year high of $94.25.

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About Osram Licht

OSRAM Licht AG provides various lighting products and solutions worldwide. The company operates through Specialty Lighting, Opto Semiconductors, and Lighting Solutions & Systems segments. The Specialty Lighting segment develops and produces lamps and lighting systems for the automotive sector, studio, stage and TV, and projection system applications, as well as special lamps for industrial and medical applications; produces lamps for disinfecting liquids, surfaces, and gases with UV light; and provides entertainment lighting for shows and events.

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