Nidec (NJDCY) Projected to Post Earnings on Wednesday

Nidec (OTCMKTS:NJDCY) is projected to announce its earnings results on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.07 per share and revenue of $658,064,958.57 billion for the quarter.

Nidec (OTCMKTS:NJDCY) last issued its quarterly earnings results on Wednesday, October 23rd. The industrial goods maker reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. The company had revenue of $4.34 billion for the quarter, compared to analyst estimates of $4.13 billion. Nidec had a return on equity of 5.58% and a net margin of 3.77%. On average, analysts expect Nidec to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nidec Stock Down 0.5 %

Shares of OTCMKTS:NJDCY traded down $0.02 during mid-day trading on Wednesday, reaching $4.58. 432,363 shares of the stock were exchanged, compared to its average volume of 338,574. The stock’s 50 day simple moving average is $4.55 and its 200-day simple moving average is $7.61. Nidec has a one year low of $4.14 and a one year high of $6.63. The company has a market cap of $43.69 billion, a P/E ratio of 32.71, a P/E/G ratio of 0.47 and a beta of 1.08. The company has a quick ratio of 1.06, a current ratio of 1.67 and a debt-to-equity ratio of 0.31.

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.