MonotaRO Co., Ltd is a Japanese-based business that sells indirect factory products to other companies. Jefferies Financial Group’s stock analysts recently published a report that lowered MonotaRO’s earnings per share projections for the fiscal year 2024. MonotaRO announced its quarterly earnings report on February 2, reporting a profit of $0.08 per share for the period in question. The company’s revenue for the quarter was lower than analysts had anticipated. MonotaRO provides a wide range of products, such as cutting tools, bearings, fasteners, industrial machinery, and safety equipment. Kinya Seto founded the company in 2000, and it is headquartered in Amagasaki, Japan.
MonotaRO Co., Ltd (OTCMKTS: MONOY) is a Japanese-based business that sells indirect factory products to other companies. On March 16, Jefferies Financial Group’s stock analysts released a report that lowered MonotaRO’s earnings per share (EPS) projections for the fiscal year 2024. The report was published in conjunction with the company’s quarterly earnings report, which showed that H. Sato, an analyst working for Jefferies Financial Group, had lowered his prediction for MonotaRO’s earnings this year from $0.43 per share to $0.41 per share.
On average, the company is projected to achieve earnings of $0.34 per share for the entire year. However, Jefferies Financial Group predicts that MonotaRO will bring in earnings of $0.47 per share by 2025.
MONOY shares began trading on Monday at an opening price of $12.43, and the company’s market capitalization is currently $6.23 billion. Over the past 52 weeks, the price of MonotaRO shares has fluctuated between $11.74 and $23.89, with an overall average of $23.89. The company’s price-to-earnings ratio is 42.86, and its beta value is 0.64.
MonotaRO announced its quarterly earnings report on February 2, reporting a profit of $0.08 per share for the period in question (EPS). The revenue for the quarter was $425.24 million, which was lower than analysts’ anticipated $465.02 million for the quarter. The net margin and return on equity for MonotaRO each came in at 8.61%, with the return on equity at 29.40%.
The company’s moving average price over the past 50 days is $14.37, and its moving average price over the past 200 days is $15.19. MonotaRO’s financials also show a debt-to-equity ratio of 0.08, a quick ratio of 1.38, and a current ratio of 2.00.
MonotaRO Co., Ltd sells a diverse range of products, such as cutting tools, bearings, fasteners, industrial machinery, and safety equipment. Kinya Seto established the company on October 19, 2000, and it is headquartered in Amagasaki, Japan.
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