Fujitsu (OTCMKTS:FJTSY) Releases Earnings Results, Misses Estimates By $0.06 EPS

Fujitsu (OTCMKTS:FJTSY) posted its quarterly earnings results on Thursday. The technology company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.06), Zacks reports.

Fujitsu Stock Down 15.5%

Shares of FJTSY traded down $4.41 during trading hours on Thursday, hitting $24.06. 174,709 shares of the company were exchanged, compared to its average volume of 345,294. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.56 and a current ratio of 1.83. The company has a market cap of $42.25 billion, a PE ratio of 44.56, a PEG ratio of 1.33 and a beta of 0.80. The firm’s 50 day moving average is $25.63 and its 200-day moving average is $23.28. Fujitsu has a 52 week low of $19.10 and a 52 week high of $30.05.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Fujitsu from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Fujitsu Company Profile

Fujitsu Limited is a Japanese information and communications technology company that provides digital services, technology solutions and consulting to businesses, governments and other organizations. Its offerings include cloud computing, artificial intelligence, data and analytics, cybersecurity, application development, systems integration, managed services and digital transformation support.

The company also supplies computing and technology infrastructure, including servers, storage systems, networking products and related enterprise solutions.