NTT (OTCMKTS:NTTYY) Posts Earnings Results, Beats Expectations By $0.01 EPS

NTT (OTCMKTS:NTTYY - Get Free Report) announced its quarterly earnings data on Friday. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.01, Zacks reports. NTT had a net margin of 7.66% and a return on equity of 10.50%.NTT Stock PerformanceNTT stock traded up $0.07 during midday trading on Friday, hitting $24.15. The stock had a trading volume of 167,308 shares, compared to its average volume of 161,058. The firm's fifty day moving average is $24.28 and its two-hundred day moving average is $24.78. The company has a market capitalization of $78.94 billion, a PE ratio of 11.08 and a beta of 0.05. NTT has a 52-week low of $23.31 and a 52-week high of $28.70. The company has a current ratio of 0.59, a quick ratio of 0.55 and a debt-to-equity ratio of 1.29. Wall Street Analysts Forecast GrowthSeveral brokerages recently commented on NTTYY. Zacks Research raised shares of NTT to a "hold" rating in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft downgraded shares of NTT from a "buy" rating to a "hold" rating in a research report on Friday, February 6th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of "Hold".Read Our Latest Stock Analysis on NTTYYNTT Company Profile (Get Free Report)Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company's core offerings include fixed‐line and mobile communications, high‐speed internet services, and network management for enterprise and consumer customers. NTT's business operations are organized across several key subsidiaries.Recommended StoriesFive stocks we like better than NTTThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in NTT Right Now?Before you consider NTT, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NTT wasn't on the list.While NTT currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here