Mitsui & Co. (OTCMKTS:MITSY) Rating Lowered to “Hold” at Zacks Research

Zacks Research lowered shares of Mitsui & Co. (OTCMKTS:MITSY) from a strong-buy rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

Separately, Nomura Securities upgraded Mitsui & Co. to a “strong-buy” rating in a research report on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Mitsui & Co. has an average rating of “Buy”.

Mitsui & Co. Stock Performance

MITSY opened at $495.15 on Tuesday. The company’s 50 day moving average is $438.43 and its 200 day moving average is $408.21. The company has a current ratio of 1.57, a quick ratio of 1.32 and a debt-to-equity ratio of 0.53. The company has a market cap of $71.15 billion, a price-to-earnings ratio of 13.19, a PEG ratio of 1.40 and a beta of 0.67. Mitsui & Co. has a 12-month low of $333.10 and a 12-month high of $523.39.

Mitsui & Co. (OTCMKTS:MITSY) last released its quarterly earnings results on Friday, August 1st. The industrial products company reported $9.23 earnings per share for the quarter, missing the consensus estimate of $9.29 by ($0.06). Mitsui & Co. had a return on equity of 10.48% and a net margin of 5.77%.The business had revenue of $21.93 billion during the quarter, compared to the consensus estimate of $25.80 billion. On average, equities research analysts predict that Mitsui & Co. will post 42.43 EPS for the current year.

Mitsui & Co. Company Profile

Mitsui & Co, Ltd. operates as an trading and investment company worldwide. The company engages in the manufacture and sale of steel products; steel processing, maintenance, and recycling activities; investment, development, and trading of mineral and metal resources, as well as resource recycling and industrial developing solutions; and upstream development, logistics, and trading of energy resources, such as natural gas/LNG, oil, coal, and uranium.