Aisin Seiki Co., Ltd. (OTCMKTS:ASEKY) – Equities research analysts at Jefferies Financial Group boosted their FY2021 earnings per share estimates for Aisin Seiki in a research report issued on Tuesday, April 6th. Jefferies Financial Group analyst T. Nakanishi now anticipates that the company will post earnings of $2.27 per share for the year, up from their prior forecast of $2.22. Jefferies Financial Group also issued estimates for Aisin Seiki’s Q4 2021 earnings at $0.88 EPS, Q1 2022 earnings at $1.01 EPS, Q2 2022 earnings at $1.14 EPS, Q3 2022 earnings at $1.49 EPS, Q4 2022 earnings at $1.42 EPS, FY2022 earnings at $5.06 EPS and FY2023 earnings at $5.55 EPS.
Separately, Zacks Investment Research raised shares of Aisin Seiki from a “hold” rating to a “buy” rating and set a $35.00 price target for the company in a research note on Monday, February 8th.
Aisin Seiki Company Profile
Aisin Seiki Co, Ltd. manufactures and sells automotive parts, lifestyle and energy related products, and wellness related products worldwide. It offers powertrain related products, such as automatic, manual, and hybrid transmission products; and CVT, engine, and other products. The company also provides chassis and vehicle safety systems comprising parking assist systems, driver monitoring systems, disc brakes, brake assemblies, electric parking brakes, brake master cylinder with brake assistance, electronically controlled brake systems, ABS and ESC modulators, brake calipers, power tilt and telescopic steering columns, air suspension systems, and active rear steering systems.
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