Rohm (OTCMKTS:ROHCY) Announces Earnings Results

Rohm (OTCMKTS:ROHCY) issued its quarterly earnings results on Wednesday. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02), Zacks reports. Rohm had a positive return on equity of 3.55% and a negative net margin of 31.42%.

Rohm Stock Up 6.8%

Rohm stock opened at $31.32 on Thursday. Rohm has a 1-year low of $12.62 and a 1-year high of $36.52. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.79 and a quick ratio of 2.77. The stock has a market cap of $12.09 billion, a PE ratio of -11.86 and a beta of 1.32. The stock’s fifty day moving average is $31.25 and its two-hundred day moving average is $24.47.

Wall Street Analysts Forecast Growth

ROHCY has been the subject of a number of research reports. Zacks Research upgraded shares of Rohm to a “hold” rating in a report on Wednesday, April 8th. The Goldman Sachs Group upgraded shares of Rohm to a “buy” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About Rohm

Rohm Co, Ltd., trading in the U.S. as OTCMKTS:ROHCY, is a Japanese semiconductor manufacturer headquartered in Kyoto, Japan. Established in 1958, the company specializes in the design, development and manufacture of a wide range of electronic components. Its product portfolio encompasses analog and mixed-signal integrated circuits, power management devices, discrete semiconductors, optoelectronics and a variety of passive components including chip resistors and capacitors.

Rohm’s semiconductor offerings serve applications across automotive, industrial, computing, communications and consumer electronics markets.