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Nidec Corporation (NNDNF)

Other OTC - Other OTC Delayed price. Currency in USD
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47.60+0.60 (+1.28%)
At close: 03:45PM EDT
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Previous close47.00
Open46.25
Bid0.00 x 0
Ask0.00 x 0
Day's range46.25 - 47.60
52-week range35.38 - 62.77
Volume624
Avg. volume2,500
Market cap27.351B
Beta (5Y monthly)1.09
PE ratio (TTM)34.00
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.52 (1.09%)
Ex-dividend date27 Sept 2024
1y target estN/A
  • Reuters

    Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war

    TOKYO (Reuters) -Japanese electric motor maker Nidec on Tuesday posted an unexpected operating loss for the January to March quarter, hit by the costs of restructuring steps taken to deal with fierce price competition in China's electric vehicle market. The company's fourth-quarter operating loss was 6.17 billion yen ($40 million), undershooting an average estimate for a 21.48 billion yen profit in a survey of eight analysts by LSEG. Nidec has sought to tap a growing share of the battery-powered vehicle market globally through developing and making an e-axle traction motor that combines an EV's gear, motor and power-control electronics.

  • Reuters

    Nidec cuts profit forecast as Chinese EV competition ramps up

    TOKYO (Reuters) -Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly a fifth on Wednesday, warning of uncertainty in demand and intensifying price competition in China's electric vehicle market. The sobering outlook for the company's signature e-axle traction motor business highlights the challenges parts makers face in the world's biggest auto market, as a price war and fewer subsidies for EV buyers has raised pressures to cut costs. The Kyoto-based manufacturer cut its operating profit forecast for the financial year to March 31 by 18% to 180 billion yen ($1.22 billion), versus an average forecast of 219.7 billion yen from 18 analysts surveyed by LSEG.

  • Zacks

    Is Nidec (NJDCY) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.