Nissan Motor (OTCMKTS:NSANY) Sets New 1-Year Low Following Weak Earnings

Shares of Nissan Motor Co. (OTCMKTS:NSANY) reached a new 52-week low during mid-day trading on Thursday following a weaker than expected earnings announcement. The company traded as low as $3.35 and last traded at $3.35, with a volume of 352,007 shares. The stock had previously closed at $3.49.

The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.12). Nissan Motor had a negative return on equity of 5.50% and a negative net margin of 3.38%. The firm had revenue of $19.44 billion for the quarter, compared to analyst estimates of $19.52 billion. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Nissan Motor from a “strong sell” rating to a “hold” rating in a report on Thursday, August 20th. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Nissan Motor Stock Down 4.0%

The business has a 50-day moving average price of $3.72 and a 200-day moving average price of $4.30. The company has a market capitalization of $6.22 billion, a price-to-earnings ratio of -2.19, a price-to-earnings-growth ratio of 3.36 and a beta of 0.63. The company has a quick ratio of 1.33, a current ratio of 1.54 and a debt-to-equity ratio of 0.99.

About Nissan Motor

Nissan Motor Co. is a Japanese automaker that designs, manufactures and sells passenger cars, sport utility vehicles, pickup trucks and electric vehicles. Its vehicle brands include Nissan and Infiniti, and the company also provides automotive parts and related services. Founded in 1933 and headquartered in Yokohama, Japan, Nissan serves customers in markets around the world. Its business also includes automotive financing and other mobility-related services.