Omron (OMRNY) to Release Earnings on Wednesday

Omron (OTCMKTS:OMRNY) will likely be releasing its resultson Wednesday, August 5th. Analysts expect Omron to post earnings of $0.0911 per share and revenue of $1.2076 billion for the quarter.

Omron Price Performance

Omron stock opened at $31.66 on Wednesday. The stock’s 50 day moving average price is $35.35 and its 200 day moving average price is $32.11. Omron has a 1-year low of $23.23 and a 1-year high of $40.76. The company has a market cap of $6.23 billion, a PE ratio of 33.33, a price-to-earnings-growth ratio of 0.42 and a beta of 1.14. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.83 and a quick ratio of 1.41.

Analyst Ratings Changes

A number of research firms have commented on OMRNY. Zacks Research downgraded Omron from a “hold” rating to a “strong sell” rating in a report on Thursday, June 11th. Jefferies Financial Group cut shares of Omron from a “buy” rating to a “hold” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

About Omron

Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.