Marubeni (OTCMKTS:MARUY) Announces Earnings Results, Beats Expectations By $0.09 EPS

Marubeni (OTCMKTS:MARUY) announced its quarterly earnings data on Monday. The conglomerate reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.09, Zacks reports. Marubeni had a return on equity of 13.11% and a net margin of 6.60%.

Marubeni Stock Performance

Shares of MARUY stock opened at $32.34 on Monday. The company has a market cap of $53.71 billion, a PE ratio of 14.68, a price-to-earnings-growth ratio of 1.76 and a beta of 0.52. The company has a quick ratio of 0.99, a current ratio of 1.37 and a debt-to-equity ratio of 0.43. Marubeni has a 12 month low of $20.00 and a 12 month high of $42.61. The business’s 50 day moving average is $207.48 and its two-hundred day moving average is $305.57.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered Marubeni from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Marubeni Company Profile

Marubeni Corporation (OTCMKTS:MARUY) is a major Japanese sogo shosha, or integrated trading and investment company, headquartered in Tokyo. The firm conducts a broad range of commercial activities that span commodity trading, project development, investment and financing, and supply-chain services. Marubeni operates through a network of subsidiaries, joint ventures and branch offices to support cross-border trade and large-scale industrial projects.

The company’s activities cover a wide set of industry sectors, including energy and power, metals and minerals, chemicals and industrial materials, food and consumer products, transportation and industrial machinery, and infrastructure.