Nissan Motor Co., Ltd. (OTCMKTS:NSANY – Get Rating) – Analysts at Jefferies Financial Group dropped their Q3 2023 earnings per share (EPS) estimates for shares of Nissan Motor in a research note issued to investors on Thursday, December 1st. Jefferies Financial Group analyst T. Nakanishi now expects that the company will earn $0.20 per share for the quarter, down from their previous forecast of $0.25. The consensus estimate for Nissan Motor's current full-year earnings is $0.66 per share. Jefferies Financial Group also issued estimates for Nissan Motor's FY2025 earnings at $1.30 EPS.
Get Nissan Motor alerts:Nissan Motor (OTCMKTS:NSANY – Get Rating) last issued its quarterly earnings results on Wednesday, November 9th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.05). The company had revenue of $18.29 billion during the quarter, compared to the consensus estimate of $18.29 billion. Nissan Motor had a return on equity of 2.53% and a net margin of 1.22%.
Separately, JPMorgan Chase & Co. downgraded Nissan Motor from an "overweight" rating to a "neutral" rating in a report on Monday, November 28th.Nissan Motor Stock Performance
Shares of Nissan Motor stock opened at $7.06 on Friday. The firm has a market cap of $13.81 billion, a P/E ratio of 15.65, a P/E/G ratio of 0.47 and a beta of 1.00. The company has a current ratio of 1.75, a quick ratio of 1.49 and a debt-to-equity ratio of 0.81. Nissan Motor has a 12 month low of $5.81 and a 12 month high of $11.35. The stock's fifty day moving average price is $6.66 and its 200-day moving average price is $7.37.
Nissan Motor Company Profile
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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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