Seiko Epson (SEKEY) Expected to Release Earnings on Tuesday

Seiko Epson (OTCMKTS:SEKEY) is projected to announce its resultson Tuesday, August 4th. Analysts expect Seiko Epson to post earnings of $0.0893 per share and revenue of $2.0866 billion for the quarter.

Seiko Epson (OTCMKTS:SEKEY) last released its quarterly earnings data on Friday, May 1st. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.24). The business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Seiko Epson had a return on equity of 2.32% and a net margin of 1.35%.

Seiko Epson Price Performance

SEKEY stock traded down $0.39 during trading on Tuesday, reaching $9.00. 4,389 shares of the company were exchanged, compared to its average volume of 24,558. The stock’s 50 day moving average price is $8.68 and its 200 day moving average price is $7.33. The company has a market cap of $6.72 billion, a P/E ratio of 45.00 and a beta of 0.86. Seiko Epson has a 52-week low of $5.75 and a 52-week high of $9.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.28 and a current ratio of 2.16.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group downgraded Seiko Epson from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Seiko Epson currently has an average rating of “Moderate Buy”.

Seiko Epson Company Profile

Seiko Epson Corporation is a Japanese electronics company known for its broad portfolio of imaging and printing solutions, as well as precision devices and microelectronics. The company’s core offerings include inkjet, laser and dye-sublimation printers for home, office and industrial use, desktop scanners, and 3LCD projectors. Epson also manufactures compact, energy-efficient robotics and automation systems, as well as semiconductors and sensors that support applications in automotive, healthcare and other sectors.

Established in 1942 as Suwa Seikosha Co, Ltd., the business first adopted the “Epson” name in 1968 with the release of the EP-101 electronic printer—so named as the “son of the electronic printer.” In 1982, the company formally became Seiko Epson Corporation, reflecting its integration within the broader Seiko Group.