NTT (OTCMKTS:NTTYY – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday, Zacks reports.
NTT Price Performance
Shares of OTCMKTS NTTYY opened at $27.38 on Wednesday. The business has a 50-day moving average of $26.64 and a 200-day moving average of $24.67. The company has a market capitalization of $89.50 billion, a price-to-earnings ratio of 13.10, a PEG ratio of 2.24 and a beta of 0.07. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.49 and a quick ratio of 0.46. NTT has a 1-year low of $21.47 and a 1-year high of $30.05.
NTT (OTCMKTS:NTTYY – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.07. The firm had revenue of $22.97 billion during the quarter, compared to analysts’ expectations of $21.57 billion. NTT had a return on equity of 10.45% and a net margin of 7.17%. On average, equities analysts anticipate that NTT will post 2.09 EPS for the current fiscal year.
About NTT
Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Through its group companies, NTT provides mobile and fixed-line communications, broadband internet, data center and cloud services, systems integration, cybersecurity, and other digital solutions for consumers, businesses, and government organizations.
NTT’s principal businesses include mobile communications through NTT DOCOMO, enterprise technology and consulting services through NTT DATA, regional telecommunications services through its NTT East and NTT West subsidiaries, and global network, cloud, and managed services.
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