Shares of Rohm Co. (OTCMKTS:ROHCY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $35.35, but opened at $33.22. Rohm shares last traded at $33.22, with a volume of 134 shares.
Analysts Set New Price Targets
ROHCY has been the topic of a number of research analyst reports. The Goldman Sachs Group raised Rohm to a “buy” rating in a report on Monday, June 8th. Zacks Research raised Rohm to a “hold” rating in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Rohm currently has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on ROHCY
Rohm Price Performance
Rohm (OTCMKTS:ROHCY – Get Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The technology company reported $0.40 EPS for the quarter. The company had revenue of $711.55 million during the quarter, compared to analyst estimates of $704.12 million. Rohm had a positive return on equity of 3.55% and a negative net margin of 31.42%. As a group, analysts expect that Rohm Co. will post 0.64 EPS for the current fiscal year.
Rohm Company Profile
Rohm Co, Ltd., trading in the U.S. as OTCMKTS:ROHCY, is a Japanese semiconductor manufacturer headquartered in Kyoto, Japan. Established in 1958, the company specializes in the design, development and manufacture of a wide range of electronic components. Its product portfolio encompasses analog and mixed-signal integrated circuits, power management devices, discrete semiconductors, optoelectronics and a variety of passive components including chip resistors and capacitors.
Rohm’s semiconductor offerings serve applications across automotive, industrial, computing, communications and consumer electronics markets.
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