According to Zacks, “Nissan Motor Company, Ltd. manufactures and markets motor vehicles and parts. In North America, Nissan’s operations include styling, engineering, manufacturing, sales, customer and corporate finance and industrial and textile equipment. Nissan in North America employs more than 20,000 people in the United States, Canada and Mexico and generates nearly 75,000 jobs through its 1,500 Nissan and Infinity dealerships across the continent. “
Other equities research analysts have also issued research reports about the stock. Morgan Stanley lowered shares of Nissan Motor from an “equal” rating to a “weight” rating in a research note on Thursday, September 5th. ValuEngine raised shares of Nissan Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. Nissan Motor currently has an average rating of “Hold” and a consensus target price of $19.00.
Nissan Motor (OTCMKTS:NSANY) last announced its quarterly earnings results on Thursday, July 25th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.23). The firm had revenue of $21.59 billion during the quarter, compared to the consensus estimate of $24.15 billion. Nissan Motor had a return on equity of 5.11% and a net margin of 1.86%. As a group, sell-side analysts expect that Nissan Motor will post 0.61 earnings per share for the current fiscal year.
About Nissan Motor
Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan, Infiniti, and Datsun brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and other related component parts; automotive parts; industrial equipment engines and other related component parts, and axles; specially equipped vehicles; motorsports engines; and rechargeable lithium-ion batteries.
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