Omron (OTCMKTS:OMRNY) Shares Down 8.8% – What’s Next?

Shares of Omron Corp. (OTCMKTS:OMRNY) fell 8.8% during mid-day trading on Wednesday . The company traded as low as $31.29 and last traded at $31.3005. 26,789 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 48,390 shares. The stock had previously closed at $34.32.

Analyst Upgrades and Downgrades

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

Omron Trading Down 3.8%

The firm has a 50 day moving average of $28.25 and a 200 day moving average of $27.22. The firm has a market cap of $6.30 billion, a PE ratio of 38.67, a P/E/G ratio of 0.50 and a beta of 0.92. The company has a quick ratio of 1.37, a current ratio of 2.11 and a debt-to-equity ratio of 0.13.

Omron (OTCMKTS:OMRNY) last issued its earnings results on Thursday, February 5th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.19). Omron had a net margin of 2.80% and a return on equity of 2.46%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. Omron has set its FY 2025 guidance at 0.960-0.960 EPS. Equities analysts anticipate 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% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. 1.09% of the stock is owned by hedge funds and other institutional investors.

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.