FY2024 EPS Estimates for Olympus Co. (OTCMKTS:OCPNY) Lifted by Jefferies Financial Group

Olympus Co. (OTCMKTS:OCPNY – Get Rating) – Investment analysts at Jefferies Financial Group increased their FY2024 earnings per share (EPS) estimates for Olympus in a research note issued on Tuesday, May 31st. Jefferies Financial Group analyst M. Nakanomyo now expects that the company will post earnings of $0.98 per share for the year, up from their previous forecast of $0.90.

Separately, Zacks Investment Research cut Olympus from a “hold” rating to a “sell” rating in a report on Wednesday, April 13th.

Shares of OCPNY stock opened at $21.17 on Friday. The business’s 50 day simple moving average is $19.36 and its 200 day simple moving average is $20.44. Olympus has a one year low of $16.80 and a one year high of $24.26. The stock has a market capitalization of $27.51 billion, a PE ratio of 25.92, a PEG ratio of 1.89 and a beta of 0.68. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.97 and a quick ratio of 1.47.

Olympus Company Profile (Get Rating)

Olympus Corporation manufactures and sells precision machineries and instruments worldwide. It operates through four segments: Endoscopic Solutions Business, Therapeutic Solutions Business, Scientific Solutions Business, and Others. The Endoscopic Solutions Business segment offers gastrointestinal and surgical endoscopes, endoscopy system, and repair services.

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