Zacks Research Upgrades Nissan Motor (OTCMKTS:NSANY) to “Hold”

Nissan Motor (OTCMKTS:NSANYGet Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Nissan Motor Price Performance

OTCMKTS NSANY opened at $4.26 on Thursday. The company has a market capitalization of $7.91 billion, a PE ratio of -2.78, a price-to-earnings-growth ratio of 1.86 and a beta of 0.60. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.36 and a current ratio of 1.56. The business’s fifty day moving average is $4.09 and its 200 day moving average is $4.50. Nissan Motor has a fifty-two week low of $3.72 and a fifty-two week high of $6.06.

Nissan Motor (OTCMKTS:NSANYGet Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.18. The business had revenue of $18.93 billion during the quarter, compared to analyst estimates of $18.81 billion. Nissan Motor had a negative return on equity of 5.46% and a negative net margin of 3.38%.Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. Sell-side analysts predict that Nissan Motor will post 0.08 earnings per share for the current year.

Nissan Motor Company Profile

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Nissan Motor Co, Ltd. is a global automotive manufacturer headquartered in Yokohama, Japan, known for the design, development, production and sale of a wide range of vehicles. The company’s core business includes passenger cars, crossovers, trucks and commercial vehicles, as well as luxury models sold under its Infiniti brand. Nissan is also a pioneer in electric vehicle technology, having introduced its flagship EV model, the Leaf, which has become one of the world’s best-selling electric cars.

In addition to conventional internal combustion engines, Nissan has invested heavily in hybrid and battery-electric powertrains, advanced driver-assistance systems and connected-car technologies.

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