Unicharm (OTCMKTS:UNICY) Downgraded to Hold Rating by Jefferies Financial Group

Jefferies Financial Group downgraded shares of Unicharm (OTCMKTS:UNICY) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks reports.

Separately, Zacks Research cut shares of Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Unicharm Price Performance

OTCMKTS:UNICY opened at $3.05 on Monday. Unicharm has a 12-month low of $2.61 and a 12-month high of $3.67. The firm has a market capitalization of $10.61 billion, a price-to-earnings ratio of 23.46 and a beta of 0.29. The stock’s 50 day moving average price is $3.00 and its two-hundred day moving average price is $3.02. The company has a quick ratio of 2.06, a current ratio of 2.57 and a debt-to-equity ratio of 0.01.

Unicharm (OTCMKTS:UNICY) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share for the quarter. Unicharm had a return on equity of 7.15% and a net margin of 6.65%.The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.59 billion. On average, analysts anticipate that Unicharm will post 0.13 earnings per share for the current year.

About Unicharm

Unicharm Corporation is a Tokyo?based consumer goods company founded in 1961. Specializing in hygiene and care products, the firm has built its reputation on developing innovative, high-performance solutions for everyday needs. Over more than six decades, Unicharm has grown from a domestic manufacturer to a leading global player in the personal care industry.

The company’s core business activities encompass the design, production and marketing of disposable hygiene products. Key product lines include baby care items such as diapers and training pants; feminine hygiene products including sanitary napkins and panty liners; adult incontinence solutions; and pet care offerings like pet diapers and wet wipes.