KDDI (OTCMKTS:KDDIY) Downgraded by Zacks Research to Hold

by · The Cerbat Gem

KDDI (OTCMKTS:KDDIY – Get Free Report) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

Separately, Erste Group Bank raised shares of KDDI to a “strong-buy” rating in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, KDDI presently has a consensus rating of “Buy”.

View Our Latest Stock Report on KDDIY

KDDI Stock Performance

Shares of KDDIY opened at $17.85 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.53 and a quick ratio of 0.52. The company’s fifty day moving average price is $18.61 and its 200 day moving average price is $17.46. The company has a market capitalization of $71.53 billion, a PE ratio of 14.28, a price-to-earnings-growth ratio of 1.86 and a beta of 0.14. KDDI has a one year low of $14.67 and a one year high of $20.54.

KDDI (OTCMKTS:KDDIY – Get Free Report) last announced its quarterly earnings data on Friday, November 6th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). The firm had revenue of $9.89 billion for the quarter, compared to analyst estimates of $10.01 billion. As a group, analysts expect that KDDI will post 1.29 earnings per share for the current year.

About KDDI

(Get Free Report)

KDDI Corporation is a Japanese telecommunications and technology company formed in 2000 through the merger of DDI, KDD and IDO. Headquartered in Tokyo, it serves consumers and businesses in Japan and provides communications and related services in international markets. The company’s consumer offerings include mobile services under the au, UQ mobile and povo brands, as well as fixed-line communications and broadband. KDDI also provides business customers with mobile and fixed networks, cloud and data-center services, cybersecurity, and Internet of Things solutions.

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