Denso (OTCMKTS:DNZOY) Stock Rating Upgraded by Zacks Research

by · The Cerbat Gem

Denso (OTCMKTS:DNZOY – Get Free Report) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.

Denso Stock Up 1.1%

DNZOY stock opened at $11.66 on Monday. The company has a current ratio of 2.12, a quick ratio of 1.44 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $33.94 billion, a PE ratio of 11.19 and a beta of 0.95. Denso has a 1-year low of $11.18 and a 1-year high of $15.46. The business’s 50 day simple moving average is $12.02 and its 200 day simple moving average is $11.98.

Denso (OTCMKTS:DNZOY – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). Denso had a net margin of 5.59% and a return on equity of 7.85%. The business had revenue of $12.01 billion during the quarter, compared to the consensus estimate of $11.42 billion. As a group, research analysts anticipate that Denso will post 0.89 EPS for the current year.

About Denso

(Get Free Report)

DENSO Corporation (OTCMKTS:DNZOY) is a Japan-based global automotive supplier that develops and manufactures components and systems for vehicle manufacturers. The company serves automakers and mobility-related customers with technologies designed to improve vehicle safety, efficiency, comfort and environmental performance.

Its product portfolio includes thermal systems such as air-conditioning and refrigeration components, powertrain and electrification systems, automotive electronics, sensors, semiconductor-related products, cockpit and connectivity technologies, and advanced driver-assistance and safety systems.

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