Nissan Motor Co. shares fell to a decade low after the company cut its full-year profit outlook and scrapped its year-end dividend payout, slipping to fifth place by market value among Japan’s automakers.
Full Answer
Is Nissan Motor (Nissan) stock a great dividend growth stock?
Nissan Motor does not have a long track record of dividend growth. In the past three months, Nissan Motor insiders have not sold or bought any company stock. Earnings for Nissan Motor are expected to grow by 37.04% in the coming year, from $1.08 to $1.48 per share.
What happened to Nissan Motor Company?
Nissan’s Pain Worsens on 99% Profit Plunge, 12,500 Job Cuts - Bloomberg Nissan Motor Co. more than doubled its planned job losses and unveiled fresh production cuts after reporting a 99% plunge in earnings, hurt by an aging product lineup and a slide in vehicle sales in the U.S. and Europe.
Is Nissan Motor Company (Nissan) stock undervalued?
In addition, Nissan Motor Co. has a VGM Score of B (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Valuation metrics show that Nissan Motor Co. may be undervalued.
Is there any short interest in Nissan Motor stock?
As of December 31st, there was short interest totaling 30,500 shares, an increase of 853.1% from the December 15th total of 3,200 shares. Based on an average daily trading volume, of 216,000 shares, the short-interest ratio is presently 0.1 days. View Nissan Motor's Short Interest. How were Nissan Motor's earnings last quarter?
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Is Nissan a good stock to buy now?
In aggregate, Nissan Motor currently has a Zacks Value Score of A, putting it into the top 20% of all stocks we cover from this look. This makes Nissan Motor a solid choice for value investors, and some of its other key metrics make this pretty clear too.
Is Nissan stock a good buy 2021?
The 16 analysts offering 12-month price forecasts for Nissan Motor Co Ltd have a median target of 9.36, with a high estimate of 12.54 and a low estimate of 5.92. The median estimate represents a +27.11% increase from the last price of 7.36.
Why is Nissan in trouble?
Nissan has also struggled to make money as it pulls back from the global expansion pursued by ousted chairman Carlos Ghosn that left it with an aging vehicle line-up. It has not made a profit since the year ended March 2019.
Is Nissan stock undervalued?
Within the past 12 months, NSANY's P/CF has been as high as 9.03 and as low as -8.58, with a median of 3.27. These are just a handful of the figures considered in Nissan Motor Co.'s great Value grade. Still, they help show that the stock is likely being undervalued at the moment.
Is Nissan a buy or sell?
- Sell. Zacks' proprietary data indicates that Nissan Motor Co. is currently rated as a Zacks Rank 5 and we are expecting a below average return from the NSANY shares relative to the market in the next few months.
Is Nissan a good stock in 2022?
After six years of declining profit and net losses, Nissan is on track to reverse course and has forecast an FY 2022 $1.8 billion net profit.
Is Nissan a dying company?
Nissan lost 367.7 billion Japanese yen ($3.4 billion) through the first three quarters of its 2020 fiscal year, which ends in March. But it generated an operating profit of 27.1 billion Japanese yen ($250 million) in the third quarter – 100 billion Japanese yen ($921 million) ahead of its initial target.
Is Nissan going to recover?
Nissan's road to recovery in the U.S. consists of a brand new vehicle lineup of six vehicles all set to arrive by the end of 2021. Amongst the vehicles, they include the Nissan Sentra sedan, Titan pickup truck, Rogue crossover, Pathfinder SUV, the all-electric Ariya SUV, and the 400Z sports coupe.
Does Nissan have a future?
Nissan aims to expand ProPILOT technology to over 2.5 million Nissan and INFINITI vehicles by fiscal year 2026. The company will also further develop its autonomous vehicle technologies, aiming to incorporate next generation LIDAR systems on virtually every new model by fiscal year 2030.
What is the most undervalued stock market?
Here are seven excellent undervalued stocks to consider.Berkshire Hathaway. When considering the best underappreciated value stocks, famed investor Warren Buffett's Berkshire Hathaway (NYSE:BRK. ... Target. ... Amazon. ... JPMorgan Chase. ... IBM. ... Disney. ... Qualcomm.
What is the main issue with Nissan?
Nissan vehicles are often thought of as being a reliable first choice for new drivers, but they are far from free of issues. As with any vehicle manufacturer, Nissan's vehicles have their fair share of common problems, from rusting bodywork and oil leaks to faulty hood latches and issues with their CVT gearbox system.
What are the main problems with Nissan cars?
Here's a quick rundown of the most common Nissan problems across all models:Flawed/faulty transmissions.Frequent oil leaks.Backup cameras not functioning properly.Defective Automatic Emergency Braking (AEB) systems.Faulty airbags and airbag recalls.Leaking brake fluid.More items...•
Is Nissan still losing money?
Nissan said in a statement that its annual operating loss grew in the year ended March 31 to 150.65 billion yen ($1.38 billion) from a 40 billion yen shortfall in the previous year. The automaker has not made a profit since the year ended March 2019.
Is Nissan leaving the US?
A new report is making the rounds the claims Nissan has decided to no longer sell its line of commercial and passenger vans in the United States. Instead of offering commercial and passenger vans for fleet sales, the report claims that the automaker will push sedans and SUVs for fleet sales.
Should I buy or sell Nissan Motor stock right now?
4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nissan Motor in the last year. There are currently 1 sell rating...
How has Nissan Motor's stock price performed in 2022?
Nissan Motor's stock was trading at $9.61 at the start of the year. Since then, NSANY stock has decreased by 14.0% and is now trading at $8.26. Vi...
Are investors shorting Nissan Motor?
Nissan Motor saw a drop in short interest during the month of May. As of May 31st, there was short interest totaling 192,200 shares, a drop of 26.0...
Is Nissan Motor a good dividend stock?
Nissan Motor(OTCMKTS:NSANY) pays an annual dividend of $0.10 per share and currently has a dividend yield of 1.16%. The dividend payout ratio of Ni...
Who are Nissan Motor's key executives?
Nissan Motor's management team includes the following people: Mr. Makoto Uchida , Representative Exec. Officer, CEO, Pres & Director (Age 56, Pa...
Who are some of Nissan Motor's key competitors?
Some companies that are related to Nissan Motor include Elio Motors (ELIO) , Gogoro (GGR) , Greenkraft (GKIT) , Honda Motor (HMC) , Hyundai Mo...
What is Nissan Motor's stock symbol?
Nissan Motor trades on the OTCMKTS under the ticker symbol "NSANY."
How do I buy shares of Nissan Motor?
Shares of NSANY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...
What is Nissan Motor's stock price today?
One share of NSANY stock can currently be purchased for approximately $8.26.
What is Nissan stock worth in 2020?
Nissan Motor's stock was trading at $7.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NSANY stock has increased by 36.4% and is now trading at $10.38.
How much does Nissan make?
Nissan Motor has a market capitalization of $21.91 billion and generates $74.17 billion in revenue each year. The company earns $-4,217,750,000.00 in net income (profit) each year or ($1.59) on an earnings per share basis.
The loss of a legendary chairman could threaten Nissan's tripartite alliance
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
Who is Carlos Ghosn?
Ghosn was Nissan's CEO from 2001 through last year, when he was succeeded by new CEO Hiroto Saikawa and became Nissan's chairman. He engineered the alliance among Nissan, France's Renault, and later Japan's Mitsubishi. In so doing, Ghosn transformed Nissan from a second-rate Japanese player into a member of a global empire to be reckoned with.
What it means to Nissan
Renault's protestations notwithstanding, there does appear to be something to this investigation. In addition to Ghosn himself, Nissan has also apparently removed Ghosn's lieutenant, Greg Kelly, from his post as representative director on allegations he masterminded whatever it was that Ghosn was up to.
What it means to investors
Nissan stock is already down more than 5% since news of this scandal broke. At just 5.1 times earnings, it may appear enticingly cheap to investors looking for a chance to buy on the dip. But Macquarie is not taking the bait.
Nissan Motors (NSANY-OTC)
When it comes to automakers, Japan has moved their production around the world to try and balance off where they make cars to where they are selling cars. They get less of a boost from a depreciating yen so that would not be a reason to buy this or any of the other Japanese automakers.
Nissan Motors (NSANY-OTC)
Has performed well, even though the sector has been weak.When the sector starts to firm up, they should be a leader.This is a play on not only North America, but also in Europe and Asia.
Nissan Motors (NSANY-OTC) Rating
Stockchase rating for Nissan Motors is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Nissan Motors (NSANY-OTC) Frequently Asked Questions
Nissan Motors is a American stock, trading under the symbol NSANY-OTC on the US OTC (NSANY). It is usually referred to as OTC:NSANY or NSANY-OTC
What is Nissan Motor Company?
Nissan Motor Company, Ltd. manufactures and markets motor vehicles and parts. In North America, Nissan's operations include styling, engineering, manufacturing, sales, customer and corporate finance and industrial and textile equipment. Nissan in North America employs more than 20,000 people in the United States, Canada and Mexico and generates nearly 75,000 jobs through its 1,500 Nissan and Infinity dealerships across the continent.
What is an X industry?
The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. The Zacks database contains over 10,000 stocks.
Does Zackstrade endorse or recommend investment strategies?
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How many new Nissan models will be released in the next 18 months?
Nissan says it will launch 12 new models over the next 18 months, with the highest profile model being the Rogue in the U.S. Peter Lyon. In a career that spans 30 years, I have written about automobiles, innovation, games, luxury lifestyles, travel and food. Based in Tokyo since 1988, I was in the front. ….
What is Nissan part of?
Nissan is part of a three-way alliance with Renault and Mitsubishi, all of which are restructuring their global operations to share platforms and technology and cut costs.
Who is the CEO of Nissan?
Nissan CEO Makoto Uchida, speaks at Nissan's Yokohama HQs yesterday. During the announcement, Uchida unveiled a 4-year recovery plan to cull costs, slice capacity and reduce the number of vehicle models.
