NTT DATA CORP/ADR (OTCMKTS:NTDTY) Downgraded by Zacks Investment Research to “Sell”

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Zacks Investment Research downgraded shares of NTT DATA CORP/ADR (OTCMKTS:NTDTY) from a hold rating to a sell rating in a report released on Friday, Zacks.com reports.

According to Zacks, “NTT DATA Corp. is engaged in the development and integration of information technology and data communication systems. Its operating segment consists of Public and Financial IT Services, Enterprise IT Services, Solutions and Technologies, Global Business and Others. Public and Financial IT Services segment provides IT services which support social infrastructure in the public administration, healthcare and financial sectors. Enterprise IT Services segment offers IT services in the fields of manufacturing, retail, logistics, communications, broadcasting and utilities. Solutions and Technologies segment renders platforms and solutions that support IT services. Global Business segment delivers IT services. Others segment supports the business activities of the head office. NTT DATA Corp. is headquartered in Tokyo, Japan. “

Separately, Citigroup cut NTT DATA CORP/ADR from a neutral rating to a sell rating in a report on Tuesday, May 19th.

Shares of NTDTY stock opened at $12.04 on Friday. The stock has a fifty day moving average price of $11.32 and a 200 day moving average price of $11.84. The stock has a market cap of $16.89 billion, a PE ratio of 24.08 and a beta of 1.88. NTT DATA CORP/ADR has a 1 year low of $7.70 and a 1 year high of $14.53. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.10.

NTT DATA CORP/ADR (OTCMKTS:NTDTY) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $5.74 billion during the quarter, compared to analysts’ expectations of $5.73 billion. NTT DATA CORP/ADR had a return on equity of 7.63% and a net margin of 3.31%. As a group, equities research analysts predict that NTT DATA CORP/ADR will post 0.67 earnings per share for the current year.

About NTT DATA CORP/ADR

NTT DATA Corporation provides consulting, system development, and business information technology (IT) outsourcing services worldwide. It operates through Public & Social Infrastructure, Financial, Enterprise & Solutions, North America, and EME and LATAM segments. The company offers value-added IT services for government, medical, telecommunications, electric power, and other social infrastructure; financial institutions; and the manufacturing, distribution, and servicing industries, as well as payment services and platform solutions.

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