Mitsubishi Heavy Industries (OTCMKTS:MHVYF – Get Free Report) will likely be issuing its results after the market closes on Friday, November 6th. Analysts expect Mitsubishi Heavy Industries to announce earnings of $0.1494 per share and revenue of $7.77 billion for the quarter.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.09. The company had revenue of $7.34 billion for the quarter, compared to analyst estimates of $7.09 billion. Mitsubishi Heavy Industries had a return on equity of 12.97% and a net margin of 7.04%.
Mitsubishi Heavy Industries Stock Performance
OTCMKTS:MHVYF opened at $20.57 on Thursday. The company has a market capitalization of $69.40 billion, a PE ratio of 27.07 and a beta of 0.52. The company has a 50 day simple moving average of $23.94 and a two-hundred day simple moving average of $26.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.98 and a current ratio of 1.26. Mitsubishi Heavy Industries has a fifty-two week low of $20.34 and a fifty-two week high of $34.50.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on MHVYF. UBS Group upgraded shares of Mitsubishi Heavy Industries from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. Sanford C. Bernstein assumed coverage on shares of Mitsubishi Heavy Industries in a research report on Tuesday, September 15th. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.
Read Our Latest Research Report on Mitsubishi Heavy Industries
Mitsubishi Heavy Industries Company Profile
Mitsubishi Heavy Industries, Ltd. is a Japan-based industrial engineering and manufacturing company that develops and supplies large-scale equipment, systems and infrastructure for customers around the world. Its operations span energy, industrial machinery, infrastructure, transportation, aerospace and defense.
The company provides gas turbines, steam turbines, boilers, power-generation systems and carbon-reduction technologies, as well as machinery and systems used in factories, logistics operations and environmental applications.
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