Mitsui & Co. (OTCMKTS:MITSY – Get Free Report) issued its quarterly earnings results on Tuesday. The industrial products company reported $13.01 EPS for the quarter, beating analysts’ consensus estimates of $9.36 by $3.65, Zacks reports. Mitsui & Co. had a return on equity of 9.81% and a net margin of 5.96%.
Mitsui & Co. Stock Up 0.8%
MITSY stock opened at $620.04 on Tuesday. Mitsui & Co. has a 1-year low of $397.36 and a 1-year high of $835.49. The business’s 50 day simple moving average is $598.38 and its 200 day simple moving average is $684.81. The company has a current ratio of 1.41, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $88.57 billion, a PE ratio of 16.05, a PEG ratio of 1.13 and a beta of 0.47.
Analysts Set New Price Targets
Separately, Zacks Research lowered shares of Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
About Mitsui & Co.
Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.
The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.
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