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FY2023 EPS Estimates for Nissan Motor Co., Ltd. Decreased by Analyst (OTCMKTS:NSANY)

Defense World ·  Sep 2, 2022 01:31

Nissan Motor Co., Ltd. (OTCMKTS:NSANY – Get Rating) – Analysts at Jefferies Financial Group dropped their FY2023 earnings per share (EPS) estimates for shares of Nissan Motor in a research note issued to investors on Wednesday, August 31st. Jefferies Financial Group analyst T. Nakanishi now anticipates that the company will post earnings of $0.90 per share for the year, down from their prior forecast of $0.99. The consensus estimate for Nissan Motor's current full-year earnings is $1.10 per share. Jefferies Financial Group also issued estimates for Nissan Motor's FY2025 earnings at $1.48 EPS.

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Separately, Macquarie downgraded Nissan Motor from a "neutral" rating to an "underperform" rating in a research note on Friday, July 15th.

Nissan Motor Stock Up 0.1 %

Shares of Nissan Motor stock opened at $7.87 on Thursday. The business's fifty day moving average price is $7.72 and its two-hundred day moving average price is $8.18. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.68 and a quick ratio of 1.46. The company has a market capitalization of $15.40 billion, a P/E ratio of 12.09, a PEG ratio of 0.36 and a beta of 0.99. Nissan Motor has a 1-year low of $7.24 and a 1-year high of $11.40.

About Nissan Motor

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Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan, Infiniti, Datsun, Heritage, and Motorsports brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; specially equipped vehicles; and motorsports engines.

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