Omron (OTCMKTS:OMRNY) Shares Gap Down – Time to Sell?

Omron Corp. (OTCMKTS:OMRNY) gapped down before the market opened on Tuesday . The stock had previously closed at $35.32, but opened at $31.25. Omron shares last traded at $30.90, with a volume of 5,518 shares.

Wall Street Analysts Forecast Growth

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

Omron Stock Performance

The stock’s 50-day moving average price is $27.89 and its 200 day moving average price is $27.13. The firm has a market cap of $6.50 billion, a P/E ratio of 39.87, a price-to-earnings-growth ratio of 0.55 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.11 and a quick ratio of 1.37.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake 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 its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.09% of the company’s stock.

About Omron

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.