KDDI (OTCMKTS:KDDIY) Upgraded at Erste Group Bank

KDDI (OTCMKTS:KDDIY) was upgraded by equities researchers at Erste Group Bank to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Separately, Zacks Research lowered KDDI from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, KDDI has an average rating of “Moderate Buy”.

KDDI Trading Up 1.4%

OTCMKTS:KDDIY opened at $18.24 on Monday. KDDI has a 1 year low of $12.95 and a 1 year high of $18.76. The stock’s fifty day moving average price is $17.08 and its two-hundred day moving average price is $16.88. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.56 and a quick ratio of 0.55. The company has a market cap of $73.10 billion, a P/E ratio of 14.71, a P/E/G ratio of 0.81 and a beta of 0.06.

KDDI (OTCMKTS:KDDIY) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.63). The company had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $10.31 billion. As a group, analysts expect that KDDI will post 3.3 EPS for the current year.

KDDI Company Profile

KDDI Corporation (OTCMKTS: KDDIY) is a diversified Japanese telecommunications and information services company headquartered in Tokyo, Japan. Formed in 2000 through the merger of DDI Corporation, KDD Corporation and IDO Corporation, KDDI provides a broad set of connectivity and digital services for both consumer and enterprise customers. The company operates under well-known consumer brands and through a network of subsidiaries and affiliates that deliver telecommunications, internet and ICT solutions.

At its core, KDDI offers mobile communications services (including the “au” consumer brand), fixed-line and broadband internet access, and fiber-optic services.