Zacks Investment Research Lowers Nippon Telegraph and Telephone (NTTYY) to Hold

Zacks Investment Research lowered shares of Nippon Telegraph and Telephone (OTCMKTS:NTTYY) from a buy rating to a hold rating in a research note published on Thursday morning.

According to Zacks, “Nippon Telegraph & Telephone provides a variety of telecommunications services, including telephone, telegraph, leased circuits, data communication, terminal equipment sales and other services. The Company provides both local and long distance telephone services within Japan, but it does not provide service in the international markets. “

How to Become a New Pot Stock Millionaire

A number of other equities analysts have also commented on the stock. ValuEngine lowered shares of Nippon Telegraph and Telephone from a buy rating to a hold rating in a research report on Monday, April 2nd. Deutsche Bank raised shares of Nippon Telegraph and Telephone from a hold rating to a buy rating in a research report on Thursday, February 15th.

OTCMKTS:NTTYY opened at $47.83 on Thursday. Nippon Telegraph and Telephone has a 12 month low of $41.94 and a 12 month high of $52.89. The company has a market capitalization of $94,975.73 and a PE ratio of 13.90. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.25 and a current ratio of 1.37.

Nippon Telegraph and Telephone (OTCMKTS:NTTYY) last released its quarterly earnings results on Friday, February 9th. The company reported $1.36 EPS for the quarter. Nippon Telegraph and Telephone had a net margin of 7.41% and a return on equity of 8.07%. The company had revenue of $27.27 billion for the quarter. analysts predict that Nippon Telegraph and Telephone will post 4.24 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Zacks Investment Research Lowers Nippon Telegraph and Telephone (NTTYY) to Hold” was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://www.dispatchtribunal.com/2018/04/08/zacks-investment-research-lowers-nippon-telegraph-and-telephone-nttyy-to-hold.html.

About Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunication equipment, system integration, and other telecommunications-related services in Japan and internationally. It operates through five segments: Regional Communications Business, Long Distance and International Communications Business, Mobile Communications Business, Data Communications Business, and Other Business.

Get a free copy of the Zacks research report on Nippon Telegraph and Telephone (NTTYY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Nippon Telegraph and Telephone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nippon Telegraph and Telephone and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply