FUJIFILM Holdings Co. American Depositary Shares (FUJIY) Downgraded by Zacks Investment Research

FUJIFILM Holdings Co. American Depositary Shares (OTCMKTS:FUJIY) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

According to Zacks, “FUJIFILM is benefiting from robust performance of Healthcare & Material and Imaging Solutions segments. Continuing solid performance from photo imaging, electronic imaging and optical device businesses are expected to drive Imaging Solutions segments top-line growth. Additionally, the company’s innovative product pipeline that includes mirrorless digital cameras and ultra-short throw projector is a key catalyst. The company is also investing on Bio Contract Development and Manufacturing Organization (CDMO) business, which expands growth opportunities in healthcare. Further, FUJIFILM is using artificial intelligence (AI) to assist in development of new products and deliver services to its users’, which is a positive. Shares have outperformed the industry in the past year. However, choppy Document Solutions business remains a concern. Moreover, sluggish digital camera industry growth is a headwind.”

Separately, ValuEngine raised FUJIFILM Holdings Co. American Depositary Shares from a “hold” rating to a “buy” rating in a research report on Friday, February 15th.

Shares of OTCMKTS FUJIY traded down $0.18 during mid-day trading on Wednesday, reaching $45.48. 3,893 shares of the company’s stock were exchanged, compared to its average volume of 11,493. The firm has a market cap of $19.52 billion, a P/E ratio of 15.68, a P/E/G ratio of 2.07 and a beta of 0.46. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.90 and a quick ratio of 2.23. FUJIFILM Holdings Co. American Depositary Shares has a twelve month low of $36.53 and a twelve month high of $46.98.

FUJIFILM Holdings Co. American Depositary Shares (OTCMKTS:FUJIY) last released its quarterly earnings results on Thursday, February 7th. The technology company reported $0.75 EPS for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.21). The business had revenue of $5.56 billion for the quarter, compared to analyst estimates of $5.82 billion. FUJIFILM Holdings Co. American Depositary Shares had a return on equity of 5.29% and a net margin of 4.98%. Equities analysts anticipate that FUJIFILM Holdings Co. American Depositary Shares will post 2.89 EPS for the current year.

About FUJIFILM Holdings Co. American Depositary Shares

FUJIFILM Holdings Corporation develops, produces, sells, and services imaging, information, and document solutions worldwide. Its photo and electronic imaging solutions include color films and others, such as color negative films, single-use cameras, color reversal films, and instant films; color paper and chemicals comprising photographic paper for color prints, inkjet papers, and photofinishing chemicals; photofinishing equipment consisting of film processors/printing equipment, digital minilabs/inkjet-system dry minilabs, and thermal photo printers; digital cameras and camera accessories; and TV camera/cine, and security lenses, as well as film processing and photo printing services.

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