Nikon (NINOY) Stock Price, News & Analysis

Company Overview

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses. The Precision Equipment Business segment offers FPD lithography systems and semiconductor lithography systems. The Healthcare Business segment provides biological microscopes, cell culture observation systems, and ultra-wide field retinal imaging devices, as well as products and services related to the contract cell development and manufacturing field. The Components Business segment offers optical components, optical parts, encoders, and material processing products and services; EUV-related components and space-related solutions; and photomask substrates for FPDs. The Industrial equipment and Others segment provides industrial microscopes, non-contact 3D metrology systems, measuring instruments, X-ray/CT inspection systems, and surveying instruments. In addition, it sells used equipment; provides maintenance services for FPD/semiconductor lithography systems; sells and services cameras, microscopes, measuring instruments, and X-ray inspection equipment; and develops and supports computer software. Further, the company is involved in the procurement, logistics, and welfare activities; development, manufacturing, and testing services for eyeglass and lenses; and assembly of camera units. Nikon Corporation was incorporated in 1917 and is headquartered in Minato, Japan.

Key Stats

• Today's Range: $10.03 to $10.48
• 50-Day Range: $10.31 to $12.96
• 52-Week Range: $9.29 to $13.07
• Volume: 1,862 shs
• Average Volume: 5,642 shs
• Market Capitalization: $3.62 billion
• P/E Ratio: 20.92
• Dividend Yield: 1.82%
• Price Target: N/A
• Consensus Rating: N/A

Nikon Stock Analysis - MarketRank™

Nikon scored higher than 75% 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 Nikon.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 40.00%

Earnings Growth

Earnings for Nikon are expected to grow by 40.00% in the coming year, from $0.45 to $0.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nikon is 20.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nikon is 20.92, 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 237.66.

Price to Book Value per Share Ratio

Nikon has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

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

Short Interest Ratio / Days to Cover

Nikon has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nikon has recently decreased by 90.91%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Nikon pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Nikon is 38.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Nikon will have a dividend payout ratio of 30.16% next year. This indicates that Nikon 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 Nikon have been sold short.

Short Interest Ratio / Days to Cover

Nikon has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nikon has recently decreased by 90.91%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: N/A

News Sentiment

Nikon has a news sentiment score of 0.35. 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 is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Nikon this week, compared to 3 articles on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

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

Percentage Held by Institutions

Only 0.13% of the stock of Nikon is held by institutions.

NINOY Stock Analysis - Frequently Asked Questions

How have NINOY shares performed this year?

Nikon's stock was trading at $9.8250 on January 1st, 2024. Since then, NINOY shares have increased by 6.5% and is now trading at $10.46.
View the best growth stocks for 2024 here.

How were Nikon's earnings last quarter?

Nikon Co. (OTCMKTS:NINOY) issued its quarterly earnings data on Thursday, November, 9th. The company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by $0.04. The company had revenue of $1.20 billion for the quarter. Nikon had a net margin of 3.61% and a trailing twelve-month return on equity of 3.81%.

How do I buy shares of Nikon?

Shares of NINOY 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: 11/09/2023
• Today: 12/22/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Converted paper & paperboard products, except containers & box
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:NINOY
• Previous Symbol: NASDAQ:NINOY
• CUSIP: N/A
• CIK: 1446588
• Web: www.nikon.co.jp
• Phone: (136) 433-3600
• Fax: 813-3216-1454
• Employees: 19,444
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.50
• Trailing P/E Ratio: 20.92
• Forward P/E Ratio: 23.24
• P/E Growth: N/A
• Net Income: $224.73 million
• Net Margins: 3.61%
• Pretax Margin: 5.95%
• Return on Equity: 3.81%
• Return on Assets: 2.26%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 1.88
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: $4.97 billion
• Price / Sales: 0.73
• Cash Flow: $1.30 per share
• Price / Cash Flow: 8.02
• Book Value: $13.64 per share
• Price / Book: 0.77

Miscellaneous

• Outstanding Shares: 346,457,000
• Free Float: N/A
• Market Cap: $3.62 billion
• Optionable: Not Optionable
• Beta: 0.50