Aisin Seiki (OTCMKTS:ASEKY – Get Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday, Zacks reports.
Aisin Seiki Stock Performance
OTCMKTS ASEKY opened at $14.30 on Monday. The stock has a market capitalization of $10.38 billion, a price-to-earnings ratio of 9.86 and a beta of 0.55. Aisin Seiki has a one year low of $12.85 and a one year high of $19.50. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.79 and a quick ratio of 1.27. The business’s fifty day moving average is $14.51 and its 200-day moving average is $14.39.
Aisin Seiki (OTCMKTS:ASEKY – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. The company had revenue of $8.26 billion for the quarter, compared to the consensus estimate of $7.89 billion. Aisin Seiki had a net margin of 3.14% and a return on equity of 6.73%. Equities research analysts predict that Aisin Seiki will post 1.25 EPS for the current year.
Aisin Seiki Company Profile
Aisin Seiki Co, Ltd., now known as Aisin Corporation, is a Japanese automotive components manufacturer headquartered in Kariya, Aichi Prefecture. Established in 1965, the company is part of the Toyota Group and supplies components and systems to automakers worldwide, including Toyota and other global vehicle manufacturers.
Aisin’s product portfolio includes automatic and hybrid transmissions, drivetrain systems, engines and engine-related components, brakes, suspension systems, steering components, sunroofs, door systems and other body-related products.
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