Dai Nippon Printing (OTCMKTS:DNPLY) Posts Earnings Results, Beats Expectations By $0.05 EPS

Dai Nippon Printing (OTCMKTS:DNPLY) released its quarterly earnings data on Wednesday. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05, Zacks reports. The firm had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.44 billion. Dai Nippon Printing had a return on equity of 8.55% and a net margin of 6.94%.

Dai Nippon Printing Stock Up 1.2%

Shares of DNPLY stock traded up $0.11 during trading hours on Friday, hitting $9.34. 2,424 shares of the company’s stock traded hands, compared to its average volume of 6,483. The company has a quick ratio of 1.77, a current ratio of 2.23 and a debt-to-equity ratio of 0.18. The stock’s fifty day simple moving average is $9.43 and its two-hundred day simple moving average is $9.09. Dai Nippon Printing has a 12-month low of $6.83 and a 12-month high of $10.66. The stock has a market cap of $8.21 billion, a price-to-earnings ratio of 11.68 and a beta of 0.54.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Dai Nippon Printing to a “hold” rating in a report on Monday, March 2nd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Dai Nippon Printing Company Profile

Dai Nippon Printing Co, Ltd. (OTCMKTS: DNPLY), commonly known as DNP, is one of Japan’s largest comprehensive printing companies. Established in 1876 and headquartered in Tokyo, the company has built a legacy in traditional and digital printing, offering a broad spectrum of paper-based and value-added services. Over its long history, DNP has evolved from newspaper and book printing to becoming a diversified provider of information, communication and functional materials.

DNP’s business is organized into several key segments.