Equities Analysts Offer Predictions for Nikon Corp.’s FY2018 Earnings (OTCMKTS:NINOY)

Nikon Corp. (OTCMKTS:NINOY) – Investment analysts at Jefferies Group dropped their FY2018 earnings per share (EPS) estimates for shares of Nikon in a report issued on Thursday, Zacks Investment Research reports. Jefferies Group analyst M. Nakanomyo now expects that the company will earn $0.73 per share for the year, down from their previous forecast of $0.76.

A number of other brokerages have also recently issued reports on NINOY. Zacks Investment Research upgraded shares of Nikon from a “sell” rating to a “hold” rating in a research report on Monday, November 20th. ValuEngine upgraded shares of Nikon from a “hold” rating to a “buy” rating in a report on Friday, September 1st.

Shares of Nikon (OTCMKTS:NINOY) traded down $0.06 on Friday, reaching $19.99. 320 shares of the company’s stock were exchanged, compared to its average volume of 3,114. The company has a current ratio of 2.00, a quick ratio of 1.30 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $8,040.00, a PE ratio of 19.27 and a beta of 0.49. Nikon has a one year low of $14.02 and a one year high of $20.83.

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Nikon Company Profile

NIKON CORPORATION is mainly engaged in the manufacture and sale of image and video equipment. The Company operates in three business segments. The Precision Equipment segment offers semiconductor exposure apparatus and flat panel display (FPD) exposure apparatus products and services. The Video segment provides video related and its peripheral area products and services, such as interchangeable lens type digital cameras, compact digital cameras and interchangeable lenses.

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