Omron (OTCMKTS:OMRNY) Reaches New 1-Year High – Here’s What Happened

Shares of Omron Corp. (OTCMKTS:OMRNY) hit a new 52-week high on Wednesday . The company traded as high as $32.00 and last traded at $31.91, with a volume of 11824 shares traded. The stock had previously closed at $31.75.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Omron from a “strong sell” rating to a “hold” rating in a report on Monday, January 19th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Omron currently has a consensus rating of “Hold”.

Omron Price Performance

The firm’s fifty day moving average is $25.87 and its two-hundred day moving average is $26.46. The company has a market cap of $6.58 billion, a P/E ratio of 40.41, a P/E/G ratio of 0.64 and a beta of 0.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.40 and a current ratio of 2.14.

Omron (OTCMKTS:OMRNY) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.19). The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Omron had a net margin of 2.80% and a return on equity of 2.46%. Omron has set its FY 2025 guidance at 0.960-0.960 EPS. As a group, analysts anticipate that Omron Corp. will post 0.42 earnings per share for the current fiscal year.

Institutional Trading of Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC lifted its holdings in Omron Corp. (OTCMKTS:OMRNY) by 50.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. 1.09% of the stock is owned by institutional investors.

Omron Company Profile

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.