Omron (OTCMKTS:OMRNY) Hits New 52-Week High – Here’s Why

Omron Corp. (OTCMKTS:OMRNY)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $33.50 and last traded at $33.35, with a volume of 694 shares traded. The stock had previously closed at $32.75.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Omron from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Omron presently has a consensus rating of “Hold”.

Omron Stock Down 0.1%

The company’s 50-day simple moving average is $26.78 and its two-hundred day simple moving average is $26.77. The firm has a market capitalization of $6.87 billion, a P/E ratio of 42.18, a P/E/G ratio of 0.52 and a beta of 0.98. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.14 and a quick ratio of 1.40.

Omron (OTCMKTS:OMRNY) last released its earnings results on Thursday, February 5th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.19). The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Omron had a net margin of 2.80% and a return on equity of 2.46%. Omron has set its FY 2025 guidance at 0.960-0.960 EPS. As a group, research analysts expect that Omron Corp. will post 0.42 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC grew its stake in shares of Omron Corp. (OTCMKTS:OMRNY) by 50.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,129 shares of the company’s stock after buying an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 1.09% of the stock is currently owned by institutional investors.

Omron Company Profile

Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.