Nidec released its earnings results on Jan 24, 2024. The company reported $0.117 earnings per share for the quarter, missing the consensus estimate of $0.12 by -$0.003.

Is Nidec overvalued?

According to Wall Street analysts Nidec’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Nidec pay dividends?

Nidec pays a Semiannually dividend of $0.04 which represents an annual dividend yield of 0.78%. See more information on Nidec dividends here

What is Nidec’s EPS estimate?

Nidec’s EPS estimate is >-$0.01.

How many shares outstanding does Nidec have?

Nidec has 2,385,136,000 shares outstanding.

What happened to Nidec’s price movement after its last earnings report?

Nidec reported an EPS of $0.117 in its last earnings report, missing expectations of $0.12. Following the earnings report the stock price went up 0.804%.

Which hedge fund is a major shareholder of Nidec?

Among the largest hedge funds holding Nidec’s share is Fisher Asset Management LLC. It holds Nidec’s shares valued at N/A.

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Nidec Stock Smart Score

Underperform

Fundamentals

Return on Equity

5.51%

Trailing 12-Months

Asset Growth

1.12%

Trailing 12-Months

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Company Description

Nidec

NIDEC CORP. engages in the development, manufacturing, and sales of small precision, automotive, commercial and industrial motors, motors for machinery, electronic and optical components, and other related products. It operates through the following segments: Nidec, Nidec Electronics Thailand, Nidec Singapore, Nidec Hong Kong, Nidec Sankyo, Nidec Copal, Nidec Techno Motor, Nidec Motor, Nidec Motors and Actuators, and Others. The Nidec segment includes Nidec Corporation, which develops and sells hard disk drive (HDD) motors, small motors, and in-vehicle products. The Nidec Electronics Thailand segment includes Nidec Electronics (Thailand) Co., Ltd. and its subsidiaries. It also manufactures and sells HDD motors. The Nidec Singapore segment includes Nidec Singapore Pte Ltd. and its subsidiaries. It also sells HDD and other small motors. The Nidec Hong Kong segment includes Nidec (Hong Kong) Co., Ltd. and its subsidiaries. It produces and markets HDD and other small motors. The Nidec Sankyo segment Nidec Sankyo Corp. and its subsidiaries. It manufactures and sells automotive products, electronic components, and other small motors. The Nidec Copal segment includes Nidec Copal Corp. and its subsidiaries. It manufactures and sells optical and electronic products and equipment. The Nidec Techno Motor segment includes Nidec Techno Motor Corp. and its subsidiaries. It produces and sells commercial and industrial products. The Nidec Motor segment includes Nidec US Holdings Corp. and its subsidiaries in North and South America, Asia, and Europe. Its main products include consumer electronics and commercial and industrial products. The Nidec Motors & Actuators segment includes Nidec Motors & Actuators (Germany) GmbH and its subsidiaries in Europe, Japan, Asia, and North and South America. It manufactures and sells automotive products. The Others segment includes Nidec Global Service Corp. The company was founded by Shigenobu Nagamori and Hiroshi Kobe on July 23, 1973 and is headquartered in Kyoto, Japan.

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