Marubeni (OTCMKTS:MARUY – Get Free Report) posted its quarterly earnings results on Wednesday. The conglomerate reported $5.01 EPS for the quarter, missing the consensus estimate of $5.39 by ($0.38), Zacks reports. Marubeni had a net margin of 6.21% and a return on equity of 13.19%. The firm had revenue of $12.64 billion during the quarter, compared to analyst estimates of $12.83 billion.
Marubeni Price Performance
OTCMKTS:MARUY opened at $347.00 on Friday. The firm has a market cap of $57.13 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 1.76 and a beta of 0.60. Marubeni has a 12 month low of $126.85 and a 12 month high of $358.27. The company has a quick ratio of 1.04, a current ratio of 1.42 and a debt-to-equity ratio of 0.49. The company’s 50-day moving average price is $297.47 and its two-hundred day moving average price is $257.98.
Wall Street Analyst Weigh In
MARUY has been the subject of a number of recent research reports. The Goldman Sachs Group began coverage on Marubeni in a research note on Tuesday, January 6th. They issued a “buy” rating for the company. Zacks Research cut shares of Marubeni from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
About Marubeni
Marubeni Corporation (OTCMKTS:MARUY) is a major Japanese sogo shosha, or integrated trading and investment company, headquartered in Tokyo. The firm conducts a broad range of commercial activities that span commodity trading, project development, investment and financing, and supply-chain services. Marubeni operates through a network of subsidiaries, joint ventures and branch offices to support cross-border trade and large-scale industrial projects.
The company’s activities cover a wide set of industry sectors, including energy and power, metals and minerals, chemicals and industrial materials, food and consumer products, transportation and industrial machinery, and infrastructure.
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