Omron (OTCMKTS:OMRNY) Sets New 52-Week High – Here’s Why

Omron Corp. (OTCMKTS:OMRNY) shares hit a new 52-week high on Wednesday . The stock traded as high as $32.00 and last traded at $31.91, with a volume of 11824 shares trading hands. The stock had previously closed at $31.75.

Analysts Set New Price Targets

Separately, Zacks Research raised Omron from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Omron has a consensus rating of “Hold”.

Omron Stock Up 0.1%

The company has a market capitalization of $6.43 billion, a price-to-earnings ratio of 39.49, a PEG ratio of 0.62 and a beta of 0.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.40 and a current ratio of 2.14. The business’s 50 day moving average is $26.19 and its 200 day moving average is $26.56.

Omron (OTCMKTS:OMRNY) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.19). Omron had a return on equity of 2.46% and a net margin of 2.80%.The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Omron has set its FY 2025 guidance at 0.960-0.960 EPS. Sell-side analysts anticipate that Omron Corp. will post 0.42 earnings per share for the current year.

Institutional Trading of Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC grew its position in Omron Corp. (OTCMKTS:OMRNY) by 50.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. Institutional investors own 1.09% of the company’s stock.

Omron Company Profile

Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.