NTT Docomo (DCMYY) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of NTT Docomo (OTCMKTS:DCMYY) from a sell rating to a hold rating in a research report sent to investors on Monday, Zacks.com reports.

According to Zacks, “NTT DoCoMo is the world’s leading mobile communications company. The company provides a wide variety of leading-edge mobile multimedia services. These include i-mode, the world’s most popular mobile Internet service, which provides e-mail and Internet access, and FOMA, launched in 2001 as the world’s first 3G mobile service. The company is expanding its global reach through strategic joint ventures and other alliances with mobile and multimedia service providers in the Asia-Pacific region, Europe and North America. “

DCMYY opened at $22.49 on Monday. NTT Docomo has a 52-week low of $20.42 and a 52-week high of $27.55. The stock has a market cap of $82.74 billion, a P/E ratio of 13.22, a P/E/G ratio of 2.68 and a beta of 0.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.19 and a current ratio of 2.31.

NTT Docomo (OTCMKTS:DCMYY) last released its earnings results on Friday, April 26th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.07). NTT Docomo had a return on equity of 11.27% and a net margin of 13.70%. The company had revenue of $10.78 billion for the quarter. Equities research analysts predict that NTT Docomo will post 1.7 EPS for the current year.

About NTT Docomo

NTT DOCOMO, INC., a telecommunications company, provides various mobile services in Japan and internationally. The company offers iPhone, iPad, smartphone, tablet, and feature phone products and services under the docomo name, as well as d POINT CLUB, a point program. It also provides technical and operational services to mobile operators and other companies.

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