Zacks Investment Research lowered shares of Nissan (OTCMKTS:NSANY) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.
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. “
Separately, ValuEngine cut shares of Nissan from a strong-buy rating to a buy rating in a report on Friday, February 9th.
Nissan (OTCMKTS:NSANY) last posted its quarterly earnings results on Thursday, February 8th. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.92. The firm had revenue of $25.48 billion for the quarter, compared to analysts’ expectations of $26.13 billion. Nissan had a net margin of 6.89% and a return on equity of 13.60%. equities research analysts anticipate that Nissan will post 3.37 earnings per share for the current year.
COPYRIGHT VIOLATION NOTICE: “Nissan (NSANY) Lowered to Sell at Zacks Investment Research” was first published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.chaffeybreeze.com/2018/04/17/nissan-nsany-lowered-to-sell-at-zacks-investment-research.html.
Nissan Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Nissan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nissan and related companies with MarketBeat.com's FREE daily email newsletter.