The Goldman Sachs Group Upgrades Kawasaki Heavy Industries (OTCMKTS:KWHIY) to “Strong-Buy”

The Goldman Sachs Group upgraded shares of Kawasaki Heavy Industries (OTCMKTS:KWHIY) to a strong-buy rating in a report published on Thursday, Zacks.com reports.

Kawasaki Heavy Industries Stock Performance

OTCMKTS KWHIY opened at $14.04 on Thursday. The company has a quick ratio of 0.63, a current ratio of 1.09 and a debt-to-equity ratio of 0.53. Kawasaki Heavy Industries has a twelve month low of $7.88 and a twelve month high of $16.90. The business has a 50-day moving average price of $13.73 and a 200-day moving average price of $13.64. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 34.24 and a beta of 0.97.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $0.24 earnings per share (EPS) for the quarter. Kawasaki Heavy Industries had a net margin of 1.60% and a return on equity of 4.81%. The business had revenue of $2.85 billion during the quarter. As a group, equities research analysts predict that Kawasaki Heavy Industries will post 0.88 EPS for the current fiscal year.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. engages in aerospace systems, energy solution and marine engineering, precision machinery and robot, rolling stock, and motorcycle and engine businesses in Japan and internationally. It manufactures aircraft for the Japan ministry of defense; helicopters; and helicopter and jet engines for commercial aircrafts.