DENSO CORP/ADR to Post Q3 2020 Earnings of $0.51 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:DNZOY)

DENSO CORP/ADR (OTCMKTS:DNZOY) – Research analysts at Jefferies Financial Group decreased their Q3 2020 earnings per share (EPS) estimates for DENSO CORP/ADR in a note issued to investors on Tuesday, December 3rd. Jefferies Financial Group analyst T. Nakanishi now expects that the company will earn $0.51 per share for the quarter, down from their prior estimate of $0.56. Jefferies Financial Group also issued estimates for DENSO CORP/ADR’s Q4 2020 earnings at $0.44 EPS.

Several other brokerages have also weighed in on DNZOY. ValuEngine upgraded shares of DENSO CORP/ADR from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Zacks Investment Research upgraded shares of DENSO CORP/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. DENSO CORP/ADR presently has an average rating of “Buy” and a consensus price target of $24.00.

DNZOY stock opened at $23.04 on Friday. DENSO CORP/ADR has a 52 week low of $19.13 and a 52 week high of $23.91. The company’s 50-day moving average price is $22.80 and its 200 day moving average price is $21.57.

DENSO CORP/ADR Company Profile

DENSO Corporation manufactures and sells automotive components and systems, industrial products, and home appliances. It offers air-conditioning systems for cars and buses; truck refrigeration units; radiators and cooling systems; gasoline and diesel engine management systems; engine-related products; products for drive systems; hybrid and electric car drive systems, and power supply and related products; power supply and starting system parts; and small motor systems for automobiles.

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Earnings History and Estimates for DENSO CORP/ADR (OTCMKTS:DNZOY)

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