Shiseido Company, Limited to Post FY2024 Earnings of $2.24 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:SSDOY)

Shiseido Company, Limited (OTCMKTS:SSDOY – Get Rating) – Stock analysts at Jefferies Financial Group reduced their FY2024 EPS estimates for Shiseido in a research note issued to investors on Tuesday, May 24th. Jefferies Financial Group analyst M. Miyasako now anticipates that the company will post earnings of $2.24 per share for the year, down from their prior estimate of $2.52.

Separately, Zacks Investment Research raised shares of Shiseido from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 18th.

OTCMKTS SSDOY opened at $40.64 on Wednesday. The company has a market cap of $16.23 billion, a price-to-earnings ratio of 37.28, a PEG ratio of 1.48 and a beta of 0.30. The stock’s fifty day moving average price is $46.95 and its 200 day moving average price is $53.05. Shiseido has a 1 year low of $39.10 and a 1 year high of $76.04. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.36 and a quick ratio of 0.98.

About Shiseido (Get Rating)

Shiseido Company, Limited engages in the production and sale of cosmetics in Japan and internationally. The company offers fragrances; skincare and body care products; and hair care and styling products, as well as hair color and perm solutions for hair salons. It also conducts restaurant and food, and retail businesses; and operates beauty salons.

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