SEIKO EPSON COR/ADR’s (SEKEY) “Sell” Rating Reiterated at Zacks Investment Research

SEIKO EPSON COR/ADR (OTCMKTS:SEKEY)‘s stock had its “sell” rating reaffirmed by Zacks Investment Research in a note issued to investors on Saturday, reports.

According to Zacks, “Seiko Epson Corporation is engaged in the development, manufacturing, sales, marketing and servicing of information-related equipment, electronic devices, precision products and other products. The Information Equipment segment manufactures and offers computers and peripherals, including PCs, printers, scanners and projectors. The Electronic Devices and Precision Equipment segment is engaged in the development, manufacture and sale of quartz devices, semiconductors, and displays, watches, plastic corrective lenses, and factory automation equipment. Seiko Epson Corporation has its head office in Suwa, Nagano. “

OTCMKTS SEKEY traded up $0.04 during mid-day trading on Friday, reaching $7.83. 5,428 shares of the stock were exchanged, compared to its average volume of 14,732. The business has a 50 day simple moving average of $7.53. SEIKO EPSON COR/ADR has a 1 year low of $6.55 and a 1 year high of $9.07. The stock has a market cap of $5.49 billion, a P/E ratio of 11.35, a P/E/G ratio of 1.87 and a beta of 1.04.

SEIKO EPSON COR/ADR (OTCMKTS:SEKEY) last announced its quarterly earnings results on Friday, April 26th. The company reported $0.10 earnings per share (EPS) for the quarter. SEIKO EPSON COR/ADR had a net margin of 4.93% and a return on equity of 10.25%. The firm had revenue of $2.32 billion for the quarter. As a group, sell-side analysts forecast that SEIKO EPSON COR/ADR will post 0.6 earnings per share for the current fiscal year.


Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, wearable and industrial products, and other businesses in Japan, the United States, China, and internationally. Its Printing Solutions segment provides inkjet printers, serial impact dot matrix printers, page printers, color image scanners, large-format inkjet printers, industrial inkjet printing systems, printers for use in POS systems, label printers and related consumables, office papermaking systems, personal computers, and others.

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