KDDI (OTCMKTS:KDDIY) Stock Rating Upgraded by Erste Group Bank

KDDI (OTCMKTS:KDDIY) was upgraded by equities research analysts at Erste Group Bank to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Zacks Research cut KDDI from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

KDDI Price Performance

Shares of KDDIY opened at $18.24 on Monday. The firm has a market cap of $73.10 billion, a PE ratio of 14.71, a P/E/G ratio of 0.81 and a beta of 0.06. The company has a current ratio of 0.56, a quick ratio of 0.55 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $17.08 and a two-hundred day simple moving average of $16.88. KDDI has a 1-year low of $12.95 and a 1-year high of $18.76.

KDDI (OTCMKTS:KDDIY) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.63). The firm had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $10.31 billion. On average, equities analysts anticipate that KDDI will post 3.3 EPS for the current year.

KDDI Company Profile

KDDI Corporation (OTCMKTS: KDDIY) is a diversified Japanese telecommunications and information services company headquartered in Tokyo, Japan. Formed in 2000 through the merger of DDI Corporation, KDD Corporation and IDO Corporation, KDDI provides a broad set of connectivity and digital services for both consumer and enterprise customers. The company operates under well-known consumer brands and through a network of subsidiaries and affiliates that deliver telecommunications, internet and ICT solutions.

At its core, KDDI offers mobile communications services (including the “au” consumer brand), fixed-line and broadband internet access, and fiber-optic services.