Is CAJ a good stock?
CAJ is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 12.84, which compares to its industry's average of 12.88. Over the past year, CAJ's Forward P/E has been as high as 25.97 and as low as 12.56, with a median of 20.14.Oct 27, 2021
Is Canon a good stock to buy?
The Canon Inc stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Why is Canon stock down?
In the most basic terms, Canon has fallen victim to the following trends: The structural shift in digital transformation at the workplace and at home, resulting in long-term decline for print-on-paper demand. This intensified pricing competition pushing down margins.Dec 29, 2020
Is Canon a buy right now?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canon in the last twelve months. There are currently 1 buy rating for the...
How has Canon's stock been impacted by Coronavirus?
Canon's stock was trading at $22.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since...
Are investors shorting Canon?
Canon saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 951,100 shares, a decrease...
When is Canon's next earnings date?
Canon is scheduled to release its next quarterly earnings announcement on Monday, April 25th 2022. View our earnings forecast for Canon .
How were Canon's earnings last quarter?
Canon Inc. (NYSE:CAJ) released its earnings results on Thursday, January, 27th. The technology company reported $0.47 EPS for the quarter, topping...
Is Canon a good dividend stock?
Canon pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.30%. Canon does not yet have a strong track record of divi...
What guidance has Canon issued on next quarter's earnings?
Canon issued an update on its FY 2022 earnings guidance on Monday, February, 14th. The company provided EPS guidance of $1.950-$1.950 for the perio...
Who are Canon's key executives?
Canon's management team includes the following people: Fujio Mitarai , Chairman, President & Chief Executive Officer Toshizo Tanaka , CFO, Repre...
What is Fujio Mitarai's approval rating as Canon's CEO?
174 employees have rated Canon CEO Fujio Mitarai on Glassdoor.com . Fujio Mitarai has an approval rating of 77% among Canon's employees.
Is Canon a buy right now?
What stocks does MarketBeat like better than Canon?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canon in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Canon stock.
Are investors shorting Canon?
Wall Street analysts have given Canon a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Canon wasn't one of them.
When is Canon's next earnings date?
Canon saw a increase in short interest in the month of July. As of July 30th, there was short interest totaling 965,200 shares, an increase of 24.1% from the July 15th total of 777,600 shares. Based on an average trading volume of 292,000 shares, the days-to-cover ratio is presently 3.3 days.
How were Canon's earnings last quarter?
Canon is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.#N#View our earnings forecast for Canon.
How has Canon's stock been impacted by COVID-19?
Canon Inc. (NYSE:CAJ) released its quarterly earnings data on Wednesday, July, 28th. The technology company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.23. The technology company earned $7.95 billion during the quarter, compared to analyst estimates of $7.54 billion.
Is Canon a good dividend stock?
Canon's stock was trading at $22.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CAJ shares have increased by 10.5% and is now trading at $24.68.#N#View which stocks have been most impacted by COVID-19.
Signals & Forecast
Canon pays an annual dividend of $0.65 per share and currently has a dividend yield of 2.68%. Canon does not yet have a strong track record of dividend growth. The dividend payout ratio of Canon is 85.53%. Payout ratios above 75% are not desirable because they may not be sustainable.
Support, Risk & Stop-loss
The Canon Inc stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $24.33 and $23.85.
Is Canon Inc stock A Buy?
Canon Inc finds support from accumulated volume at $24.43 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
How do I buy Canon (CAJ) stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Canon Inc stock to perform well in the short-term.
Who are Canon's (CAJ) competitors?
You can purchase shares of Canon ( NYSE: CAJ) through any online brokerage.
What is the target price for Canon (CAJ) stock?
Other companies in Canon’s space includes: Apple ( NASDAQ: AAPL), 3D Sys ( NYSE: DDD), Diebold Nixdorf ( NYSE: DBD), HP ( NYSE: HPQ) and Eastman Kodak ( NYSE: KODK).
Current Stock Price for Canon (CAJ)?
The latest price target for Canon ( NYSE: CAJ) was reported by JP Morgan on September 13, 2018. The analyst firm set a price target for 0.00 expecting CAJ to fall to within 12 months (a possible -100.00 % downside ). 0 analyst firms have reported ratings in the last year.
Does Canon (CAJ) pay a dividend?
The stock price for Canon ( NYSE: CAJ) is $ 23.87 last updated Today at 7:59:56 PM.
When is Canon (NYSE:CAJ) reporting earnings?
There are no upcoming dividends for Canon. The last dividend paid out to investors was $ 0.04 on December 27, 2018.
What sector and industry does Canon (CAJ) operate in?
Canon’s Q3 earnings are confirmed for after-market on October 25, 2021.
