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Analysts Predict Mitsui & Co., Ltd. Earnings for Fiscal Year 2023 (OTCMKTS:MITSY)

Roberto Liccardo by Roberto Liccardo
January 26, 2023
in News
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In this case, the company in question goes by Mitsui & Co., Ltd. (OTCMKTS: MITSY). The stock analysts working for Jefferies Financial Group produced projections for Mitsui & Co., Ltd.’s profits per share for the fiscal year 2023. These projections were included in a research note distributed to investors on January 18, 2019.

According to the projections by T.

Pham of Jefferies Financial Group, the industrial goods manufacturer is anticipated to earn $89.24 per share in 2018. The current projection for Mitsui & Co., Ltd.’s profit per share for the entire year is $91.91.

In addition, according to the projections made by Jefferies Financial Group, Mitsui & Co., Ltd. will earn $81.57 per share in the fiscal year 2024 and $88.56 per share in the fiscal year 2025.

When trading started on Monday, one share of Mitsui & Co., Ltd. stock went for $604.56 each. The stock has traded at an average moving price of $577.29 over the past 50 trading days, while its moving average price over the past 200 trading days has been $494.76.

Mitsui & Co., Ltd. has seen its share price go as low as $368.00 over the past year and reach as high as $614.49 over the same period.

A debt-to-equity ratio of 0.63, a current ratio of 1.33, a quick ratio of 1.11, and a current ratio of 1.33 are some of the present financial ratios.

It has a price-to-earnings ratio of 5.72, a price-to-growth ratio of 5.61, and a beta value of 0.76. The market capitalization of the company is currently valued at $47.91 billion.
On November 1 of this year, Mitsui & Co., Ltd. (OTCMKTS: MITSY) released its most recent quarterly earnings report.

During the period covered by the report, the company that manufactures industrial goods made a profit equal to $24.22 per share. The performance of Mitsui & Co., Ltd. was very successful, as evidenced by the company’s return on equity of 17.94% and its net margin of 7.65%. The company reported a total of $26.82 billion in revenue for the period under consideration.
General trading is the focus of Mitsui & Co., Ltd., a worldwide multinational corporation.

In addition to operating steel processing service centers, trading automotive, electrical, special, and stainless steel, manufacturing, repairing and fabricating wind turbine towers and flanges, and operating businesses that distribute gas, the company is also involved in coal mining, the generation of power, the production of ferrous alloys, the maintenance of infrastructure, and the pumping of water.

In addition, the company also engages in the production of wind turbine towers and flanges.

In addition to producing components for automobiles, the company also makes products out of iron and steel; both types of products and components for automobiles are sold domestically and internationally.

Tags: MITSY, Analyst Rating
Roberto Liccardo

Roberto Liccardo

Financial and marketing expert at Entrepreneur.com, covering finance, sales and marketing strategies. Proudly wearing 15 years of direct and managerial experience in intensive Digital Marketing and Financial Analytics.

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