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

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Zacks Investment Research upgraded shares of NTT DATA CORP/ADR (OTCMKTS:NTDTY) from a sell rating to a hold rating in a research note issued to investors on Tuesday, 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. “

NTDTY has been the subject of a number of other reports. ValuEngine raised NTT DATA CORP/ADR from a hold rating to a buy rating in a report on Wednesday, June 12th. Daiwa Capital Markets raised NTT DATA CORP/ADR from a neutral rating to a buy rating in a report on Tuesday, June 11th.

Shares of NTDTY opened at $13.09 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.19 and a quick ratio of 1.17. The business’s 50 day moving average is $12.78. The company has a market cap of $18.36 billion, a price-to-earnings ratio of 21.82 and a beta of 1.56. NTT DATA CORP/ADR has a 52 week low of $10.40 and a 52 week high of $14.25.

NTT DATA CORP/ADR (OTCMKTS:NTDTY) last issued its quarterly earnings data on Thursday, May 9th. The company reported $0.22 EPS for the quarter. The firm had revenue of $5.50 billion during the quarter, compared to analyst estimates of $5.13 billion. NTT DATA CORP/ADR had a return on equity of 10.05% and a net margin of 4.33%. On average, analysts expect that NTT DATA CORP/ADR will post 0.61 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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