Nikon (OTCMKTS:NINOY) Sets New 12-Month High – Still a Buy?

Nikon Corp. (OTCMKTS:NINOY)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $13.00 and last traded at $12.74, with a volume of 2169 shares. The stock had previously closed at $12.71.

Analysts Set New Price Targets

Separately, Zacks Research raised Nikon from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Nikon has an average rating of “Hold”.

Nikon Stock Performance

The stock has a fifty day simple moving average of $11.61 and a 200-day simple moving average of $11.29. The stock has a market cap of $4.19 billion, a P/E ratio of 70.78 and a beta of 0.59. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.89 and a current ratio of 1.89.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.15). Nikon had a return on equity of 1.33% and a net margin of 1.25%.The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $1.03 billion. On average, equities analysts expect that Nikon Corp. will post 0.44 earnings per share for the current year.

About Nikon

Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.