FY2018 EPS Estimates for Nikon Corp (OTCMKTS:NINOY) Raised by Analyst

Nikon Corp (OTCMKTS:NINOY) – Investment analysts at Jefferies Group lifted their FY2018 earnings per share estimates for shares of Nikon in a research note issued to investors on Thursday, according to Zacks Investment Research. Jefferies Group analyst M. Nakanomyo now expects that the company will earn $0.76 per share for the year, up from their prior estimate of $0.73. Jefferies Group also issued estimates for Nikon’s Q4 2018 earnings at $0.26 EPS, FY2019 earnings at $0.94 EPS and FY2020 earnings at $0.75 EPS.

A number of other equities analysts also recently issued reports on the stock. ValuEngine raised shares of Nikon from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research raised shares of Nikon from a “sell” rating to a “hold” rating in a research note on Monday, November 20th.

Shares of Nikon (OTCMKTS NINOY) traded down $0.08 during trading hours on Friday, hitting $19.77. 909 shares of the stock traded hands, compared to its average volume of 6,296. The company has a market capitalization of $7,957.45, a P/E ratio of 54.92, a price-to-earnings-growth ratio of 26.47 and a beta of 0.56. The company has a current ratio of 1.93, a quick ratio of 1.24 and a debt-to-equity ratio of 0.20. Nikon has a 52-week low of $14.02 and a 52-week high of $21.04.

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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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