Nitto Denko (OTCMKTS:NDEKY) Releases Earnings Results, Misses Estimates By $0.13 EPS

Nitto Denko (OTCMKTS:NDEKY) released its quarterly earnings results on Tuesday. The technology company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.13), Zacks reports. Nitto Denko had a net margin of 13.00% and a return on equity of 12.47%. Nitto Denko updated its FY 2026 guidance to 1.335-1.335 EPS.

Nitto Denko Trading Up 3.5%

OTCMKTS NDEKY opened at $20.80 on Tuesday. The company has a fifty day simple moving average of $19.53 and a 200 day simple moving average of $20.72. The company has a market cap of $14.12 billion, a P/E ratio of 15.88 and a beta of 0.84. Nitto Denko has a 1 year low of $17.75 and a 1 year high of $26.48.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Nitto Denko from a “strong-buy” rating to a “neutral” rating in a research report on Monday, June 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

About Nitto Denko

Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company’s core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.

The company’s product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.