Nitto Denko (OTCMKTS:NDEKY) Announces Quarterly Earnings Results, Misses Expectations By $0.13 EPS

Nitto Denko (OTCMKTS:NDEKY) announced its quarterly earnings data on Tuesday. The technology company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.13), Zacks reports. Nitto Denko had a return on equity of 12.47% and a net margin of 13.00%. Nitto Denko updated its FY 2026 guidance to 1.335-1.335 EPS.

Nitto Denko Price Performance

Shares of Nitto Denko stock opened at $20.80 on Tuesday. The firm has a market cap of $14.12 billion, a price-to-earnings ratio of 15.88 and a beta of 0.84. Nitto Denko has a 52-week low of $17.75 and a 52-week high of $26.48. The stock has a 50-day simple moving average of $19.53 and a 200-day simple moving average of $20.72.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group downgraded Nitto Denko from a “strong-buy” rating to a “neutral” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Nitto Denko Company Profile

Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company’s core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.

The company’s product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.