Nissan Motor (OTCMKTS:NSANY) Stock Rating Upgraded by Zacks Research

Nissan Motor (OTCMKTS:NSANY) was upgraded by 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 Stock Up 0.2%

Shares of OTCMKTS:NSANY opened at $4.26 on Thursday. The firm has a fifty day moving average price of $4.09 and a two-hundred day moving average price of $4.50. The company has a market cap of $7.91 billion, a price-to-earnings ratio of -2.78, a PEG ratio of 1.86 and a beta of 0.60. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.56 and a quick ratio of 1.36. Nissan Motor has a one year low of $3.72 and a one year high of $6.06.

Nissan Motor (OTCMKTS:NSANY) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.18. Nissan Motor had a negative net margin of 3.38% and a negative return on equity of 5.46%. The firm had revenue of $18.93 billion for the quarter, compared to analysts’ expectations of $18.81 billion. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. Analysts anticipate that Nissan Motor will post 0.08 EPS for the current fiscal year.

Nissan Motor Company Profile

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.