Daikin Industries (OTCMKTS:DKILY – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.17 by $0.01, Zacks reports. Daikin Industries had a return on equity of 8.95% and a net margin of 5.51%.
Daikin Industries Stock Performance
Shares of DKILY opened at $14.71 on Tuesday. Daikin Industries has a 1 year low of $11.00 and a 1 year high of $16.43. The stock has a market capitalization of $43.12 billion, a PE ratio of 23.73, a PEG ratio of 1.60 and a beta of 0.94. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.26 and a current ratio of 1.93. The stock has a 50-day simple moving average of $14.89 and a 200-day simple moving average of $13.67.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group downgraded shares of Daikin Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
About Daikin Industries
Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall‑mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.
In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.
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