Nidec (NJDCY) to Release Earnings on Wednesday

Nidec (OTCMKTS:NJDCY) will be issuing its quarterly earnings data on Wednesday, October 23rd. Analysts expect Nidec to post earnings of $0.03 per share for the quarter.

Nidec (OTCMKTS:NJDCY) last announced its earnings results on Tuesday, July 23rd. The industrial goods maker reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. The business had revenue of $4.16 billion during the quarter, compared to analysts’ expectations of $4.01 billion. Nidec had a net margin of 4.80% and a return on equity of 6.95%. On average, analysts expect Nidec to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nidec Price Performance

Shares of Nidec stock traded down $0.08 during mid-day trading on Tuesday, reaching $4.76. 151,265 shares of the stock were exchanged, compared to its average volume of 226,962. The company has a market cap of $21.94 billion, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 0.69 and a beta of 1.11. The company has a current ratio of 1.73, a quick ratio of 1.12 and a debt-to-equity ratio of 0.30. The firm has a 50-day simple moving average of $9.19 and a 200 day simple moving average of $10.49. Nidec has a fifty-two week low of $4.47 and a fifty-two week high of $6.63.

About Nidec

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components.