Omron (OTCMKTS:OMRNY) Sets New 1-Year High – Here’s What Happened

Omron Corp. (OTCMKTS:OMRNY) shares reached a new 52-week high on Monday . The stock traded as high as $33.50 and last traded at $33.35, with a volume of 694 shares trading hands. The stock had previously closed at $32.75.

Wall Street Analysts Forecast Growth

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

Omron Stock Down 0.1%

The business’s 50 day simple moving average is $26.78 and its 200 day simple moving average is $26.77. The company has a current ratio of 2.14, a quick ratio of 1.40 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $6.87 billion, a PE ratio of 42.18, a PEG ratio of 0.52 and a beta of 0.98.

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

Hedge Funds Weigh In On Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC increased its stake in Omron Corp. (OTCMKTS:OMRNY) by 50.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,129 shares of the company’s stock after buying an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 1.09% of the company’s stock.

About Omron

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.