KONICA MINOLTA/ADR (OTCMKTS:KNCAY) – Equities researchers at Jefferies Financial Group decreased their FY2020 earnings per share (EPS) estimates for KONICA MINOLTA/ADR in a report released on Wednesday, June 12th. Jefferies Financial Group analyst M. Nakanomyo now anticipates that the company will earn $1.31 per share for the year, down from their previous estimate of $1.43. Jefferies Financial Group also issued estimates for KONICA MINOLTA/ADR’s FY2021 earnings at $1.44 EPS.
Separately, Zacks Investment Research lowered KONICA MINOLTA/ADR from a “strong-buy” rating to a “hold” rating in a research report on Wednesday.
Shares of KNCAY stock opened at $18.83 on Friday. KONICA MINOLTA/ADR has a fifty-two week low of $17.17 and a fifty-two week high of $21.32. The company has a current ratio of 2.30, a quick ratio of 1.67 and a debt-to-equity ratio of 0.47.
KONICA MINOLTA/ADR Company Profile
Konica Minolta, Inc engages in business technologies, industrial, and healthcare businesses in Japan, the United States, European countries, China, Asia, and internationally. The company develops, manufactures, and sells multi-functional peripherals, laser printers, filing devices, software and peripheral devices, digital color printing systems, digital color-proofing systems, computer to plate, prepress production systems, digital monochrome printing systems, inkjet printheads, inkjet textile printers, and inkjet inks, as well as print and cloud services.
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