Nidec (NJDCY) Stock Price, News & Analysis

Company Overview

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components. Its products are used for applications in robotics, IoT products, automotive components, home appliances, logistics/agriculture, information technology, office automation, mobile optical components, medical and health care products, housing equipment, commercial and professional products, industrial machinery, and processing/inspection equipment. The company was incorporated in 1973 and is headquartered in Kyoto, Japan..

Key Stats

• Today's Range: $4.81 to $5.13
• 50-Day Range: $4.73 to $10.93
• 52-Week Range: $4.47 to $6.63
• Volume: 86,967 shs
• Average Volume: 227,814 shs
• Market Capitalization: $47.42 billion
• P/E Ratio: 35.50
• Dividend Yield: 0.80%
• Price Target: N/A
• Consensus Rating: N/A

Nidec Stock Analysis - MarketRank™

Nidec scored higher than 62% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Nidec.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 13.33%

Earnings Growth

Earnings for Nidec are expected to grow by 13.33% in the coming year, from $0.15 to $0.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nidec is 35.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nidec is 35.50, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 266.51.

Price to Earnings Growth Ratio

Nidec has a PEG Ratio of 1.03. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Nidec has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Nidec have been sold short.

Short Interest Ratio / Days to Cover

Nidec has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nidec has recently increased by 112.66%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Nidec has a dividend yield of 0.90%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Nidec does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Nidec is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Nidec will have a dividend payout ratio of 23.53% next year. This indicates that Nidec will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of Nidec have been sold short.

Short Interest Ratio / Days to Cover

Nidec has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nidec has recently increased by 112.66%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.56

News Sentiment

Nidec has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Nidec this week, compared to 1 article on an average week.

Search Interest

2 people have searched for NJDCY on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Nidec to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Nidec insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.15% of the stock of Nidec is held by institutions.

NJDCY Stock Analysis - Frequently Asked Questions

How have NJDCY shares performed this year?

Nidec's stock was trading at $10.0860 at the start of the year. Since then, NJDCY shares have decreased by 50.7% and is now trading at $4.97.
View the best growth stocks for 2024 here.

How were Nidec's earnings last quarter?

Nidec Co. (OTCMKTS:NJDCY) released its quarterly earnings results on Wednesday, October, 23rd. The industrial goods maker reported $0.03 earnings per share for the quarter, meeting analysts' consensus estimates of $0.03. The industrial goods maker had revenue of $4.34 billion for the quarter, compared to analyst estimates of $4.13 billion. Nidec had a net margin of 3.77% and a trailing twelve-month return on equity of 5.53%.

When did Nidec's stock split?

Nidec shares split before market open on Tuesday, April 8th 2014. The 2-1 split was announced on Friday, March 7th 2014. The newly minted shares were distributed to shareholders after the closing bell on Monday, April 7th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Nidec have any subsidiaries?

Nidec subsidiaries include Roboteq Inc., OMRON Automotive Electronics Co. Ltd, Embraco Whirlpool Corporation’s Compressor Business, Systeme + Steuerungen GmbH, DESCH Antriebstechnik GmbH & Co. KG, CIMA S.p.A., MS-Graessner GmbH & Co. KG, and more.

How do I buy shares of Nidec?

Shares of NJDCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 10/23/2024
• Today: 10/31/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Motors & generators
• Sub-Industry: Electrical Equipment
• Current Symbol: OTCMKTS:NJDCY
• Previous Symbol: NASDAQ:NJDCY
• CUSIP: N/A
• CIK: 1158967
• Web: www.nidec.com
• Phone: (175) 922-1111
• Fax: 817-5935-6101
• Employees: 106,592
• Year Founded: 1973

Profitability

• EPS (Most Recent Fiscal Year): $0.14
• Trailing P/E Ratio: 35.50
• Forward P/E Ratio: 33.13
• P/E Growth: 1.03
• Net Income: $865.17 million
• Net Margins: 3.77%
• Pretax Margin: 7.82%
• Return on Equity: 5.53%
• Return on Assets: 2.87%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 1.73
• Quick Ratio: 1.12

Sales & Book Value

• Annual Sales: $16.27 billion
• Price / Sales: 2.92
• Cash Flow: $0.37 per share
• Price / Cash Flow: 13.26
• Book Value: $2.50 per share
• Price / Book: 1.99

Miscellaneous

• Outstanding Shares: 9,540,552,000
• Free Float: N/A
• Market Cap: $47.42 billion
• Optionable: Not Optionable
• Beta: 1.11