Fujitsu (OTCMKTS:FJTSY) Shares Gap Up – Time to Buy?

Fujitsu Ltd. (OTCMKTS:FJTSY)’s stock price gapped up prior to trading on Thursday. The stock had previously closed at $25.68, but opened at $27.09. Fujitsu shares last traded at $26.0350, with a volume of 10,298 shares.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Fujitsu from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Fujitsu Stock Up 0.5%

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.56 and a current ratio of 1.83. The company’s fifty day moving average price is $24.24 and its 200-day moving average price is $22.18. The stock has a market cap of $45.80 billion, a P/E ratio of 48.30, a price-to-earnings-growth ratio of 1.19 and a beta of 0.80.

Fujitsu (OTCMKTS:FJTSY) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The firm had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.69 billion. Fujitsu has set its FY 2026 guidance at 1.180-1.180 EPS. Equities analysts forecast that Fujitsu Ltd. will post 1.14 EPS for the current year.

Fujitsu Company Profile

Fujitsu Limited is a Japanese information and communications technology company that provides digital transformation and technology services to businesses, governments and other organizations. Its offerings include consulting, systems integration, application development, cloud computing, managed services, cybersecurity, data and artificial intelligence solutions, and enterprise technology infrastructure.

The company also develops and supports computing platforms, networking products and other technology solutions designed to help organizations modernize their operations.