Monotaro (OTCMKTS:MONOY) Releases Earnings Results

Monotaro (OTCMKTS:MONOY) issued its earnings results on Tuesday. The company reported $0.12 earnings per share for the quarter, Zacks reports. The company had revenue of $600.38 million during the quarter. Monotaro had a net margin of 9.72% and a return on equity of 28.65%.

Monotaro Price Performance

Shares of Monotaro stock opened at $13.50 on Thursday. Monotaro has a 12 month low of $12.16 and a 12 month high of $21.63. The company has a current ratio of 2.88, a quick ratio of 2.24 and a debt-to-equity ratio of 0.11. The firm has a market cap of $6.77 billion, a PE ratio of 30.68 and a beta of 1.01. The stock has a 50 day moving average of $14.79 and a 200 day moving average of $15.40.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised Monotaro from a “strong sell” rating to a “hold” rating in a research note on Sunday, December 14th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Monotaro presently has a consensus rating of “Hold”.

Monotaro Company Profile

Monotaro Co, Ltd., trading on the OTC Market under the symbol MONOY, is a Japan-based e-commerce platform specializing in maintenance, repair and operations (MRO) supplies. Founded in 2000 as a subsidiary of IT Holdings Co, the company offers a broad assortment of industrial products including tools, safety gear, fasteners, electrical components and work-site consumables tailored to small and medium-sized enterprises, contractors and facility managers.

Through its online marketplaces in Japan and a regional subsidiary in Singapore, Monotaro provides access to several million stock-keeping units (SKUs), supported by streamlined procurement processes, competitive pricing and logistics capabilities designed to deliver same- or next-day shipment.