Seiko Epson Corp. (OTCMKTS:SEKEY – Get Free Report) gapped down before the market opened on Tuesday. The stock had previously closed at $10.5650, but opened at $10.09. Seiko Epson shares last traded at $10.09, with a volume of 802 shares traded.
Analysts Set New Price Targets
Separately, Jefferies Financial Group downgraded Seiko Epson from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.
Read Our Latest Research Report on SEKEY
Seiko Epson Stock Down 0.6%
Seiko Epson (OTCMKTS:SEKEY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.09 billion. Seiko Epson had a net margin of 1.71% and a return on equity of 2.97%. Seiko Epson has set its FY 2026 guidance at 0.676-0.676 EPS. As a group, equities research analysts anticipate that Seiko Epson Corp. will post 0.68 earnings per share for the current fiscal year.
About Seiko Epson
Seiko Epson Corporation is a Japan-based technology company that develops and manufactures imaging, printing, visual communications, and precision products. The company is best known for its Epson brand of inkjet printers, multifunction devices, scanners, and business and industrial printing systems.
Epson also produces projectors and other visual communication equipment, industrial robots and automation systems, microdevices, electronic components, and related solutions. Its product portfolio serves consumers, businesses, schools, commercial printers, manufacturers, and other institutional customers.
The company traces its origins to Daiwa Kogyo, founded in 1942 in Suwa, Japan, and adopted the Epson name in the 1970s.
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