Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $13.82, but opened at $14.80. Aisin Seiki shares last traded at $14.80, with a volume of 947 shares.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on ASEKY. The Goldman Sachs Group raised Aisin Seiki from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Zacks Research cut Aisin Seiki from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on Aisin Seiki
Aisin Seiki Stock Performance
Aisin Seiki (OTCMKTS:ASEKY – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. Aisin Seiki had a return on equity of 6.65% and a net margin of 3.14%.The business had revenue of $8.26 billion during the quarter, compared to the consensus estimate of $7.89 billion. On average, analysts forecast that Aisin Seiki Co. Ltd. Unsponsored ADR will post 1.25 EPS for the current year.
About Aisin Seiki
Aisin Seiki Co, Ltd., commonly known as Aisin, is a Japanese automotive parts manufacturer founded in 1949 and headquartered in Anjo, Aichi Prefecture. Originally established to supply repair parts for Toyota Motor Corporation, Aisin has grown into one of the world’s largest Tier-1 suppliers, delivering a broad portfolio of components to leading original equipment manufacturers (OEMs) across the globe.
The company’s core business centers on the design and production of automotive systems and components.
Featured Articles
- Five stocks we like better than Aisin Seiki
- Looking Beyond NVIDIA? These 3 AI ETFs Are Beating the Market
- Palantir’s Kool-Aid Moment: The Math Behind Karp’s Forecast
- OpenAI’s Jalapeño Chip Could Change the AI Hardware Race
- Gold and Bitcoin Are Rebounding—2 ETFs Give Investors a Different Kind of Exposure
Receive News & Ratings for Aisin Seiki Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aisin Seiki and related companies with MarketBeat.com's FREE daily email newsletter.
