Omron (OMRNY) Projected to Release Quarterly Earnings on Wednesday

Omron (OTCMKTS:OMRNY) is projected to post its results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $0.0911 per share and revenue of $1.2076 billion for the quarter.

Omron Trading Up 0.8%

Shares of OMRNY stock opened at $33.76 on Tuesday. Omron has a 1-year low of $23.23 and a 1-year high of $40.76. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.83 and a quick ratio of 1.41. The stock has a 50 day simple moving average of $35.21 and a 200-day simple moving average of $32.31. The company has a market cap of $6.64 billion, a price-to-earnings ratio of 35.54, a PEG ratio of 0.41 and a beta of 1.14.

Analyst Upgrades and Downgrades

OMRNY has been the subject of a number of research analyst reports. Zacks Research cut Omron from a “hold” rating to a “strong sell” rating in a report on Thursday, June 11th. Jefferies Financial Group cut shares of Omron from a “buy” rating to a “hold” rating in a research report on Tuesday, June 16th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

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.