KDDI (OTCMKTS:KDDIY) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of KDDI (OTCMKTS:KDDIY – Free Report) from a strong sell rating to a hold rating in a research note published on Monday,Zacks.com reports.

Separately, Erste Group Bank upgraded shares of KDDI to a “strong-buy” rating in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy”.

Get KDDI alerts:

Get Our Latest Report on KDDIY

KDDI Price Performance

OTCMKTS KDDIY opened at $17.82 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.55 and a current ratio of 0.56. The stock has a market cap of $71.41 billion, a price-to-earnings ratio of 14.14, a PEG ratio of 1.03 and a beta of 0.05. The business has a 50 day simple moving average of $17.45 and a 200 day simple moving average of $17.00. KDDI has a 52-week low of $12.95 and a 52-week high of $19.52.

KDDI (OTCMKTS:KDDIY – Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. The company had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.31 billion. Analysts anticipate that KDDI will post 2.6 earnings per share for the current fiscal year.

About KDDI

(Get Free Report)

KDDI Corporation (OTCMKTS: KDDIY) is a diversified Japanese telecommunications and information services company headquartered in Tokyo, Japan. Formed in 2000 through the merger of DDI Corporation, KDD Corporation and IDO Corporation, KDDI provides a broad set of connectivity and digital services for both consumer and enterprise customers. The company operates under well-known consumer brands and through a network of subsidiaries and affiliates that deliver telecommunications, internet and ICT solutions.

At its core, KDDI offers mobile communications services (including the “au” consumer brand), fixed-line and broadband internet access, and fiber-optic services.

Read More

• Five stocks we like better than KDDI
• The AI Boom Is Turning This Cable Maker Into a Stock to Watch
• A Star Investor Just Trimmed Amazon—Here’s What It means
• Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
• Home Depot Analysts See a Path to $375 and Beyond

Receive News & Ratings for KDDI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KDDI and related companies with MarketBeat.com's FREE daily email newsletter.