NTT DATA (OTCMKTS:NTDTY – Get a rating) has been upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a report released Thursday, reports. The brokerage currently has a price target of $21.00 on the stock. Zacks Investment ResearchThe stock’s price target would suggest a potential upside of 16.67% from the stock’s previous close.

According to Zacks, “NTT DATA Corp. is engaged in the development and integration of information technology and data communication systems. Its business segment includes public and financial IT services, enterprise IT services , solutions and technologies, global businesses and others.Public and Financial IT Services segment provides IT services that support social infrastructure in the public administration, healthcare and finance sectors. enterprise IT services offers IT services in the areas of manufacturing, retail, logistics, communications, broadcasting and utilities.The Solutions and Technologies segment makes platforms and solutions that support IT services The Global Business segment provides IT services The Other Pres nd in charge of the commercial activities of the head office. NTT DATA Corp. is headquartered in Tokyo, Japan. “

NTT DATA stock opened at $18.00 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt ratio of 0.35. The company’s fifty-day simple moving average is $19.79 and its two-hundred-day simple moving average is $19.85. NTT DATA has a 12-month low of $15.06 and a 12-month high of $22.30. The company has a market capitalization of $25.25 billion, a price/earnings ratio of 24.00 and a beta of 1.28.

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NTT DATA (OTCMKTS:NTDTY – Get a rating) last released its results on Friday, February 4. The company reported EPS of $0.24 for the quarter. NTT DATA achieved a return on equity of 9.92% and a net margin of 4.65%. The company posted revenue of $5.60 billion for the quarter, versus a consensus estimate of $5.49 billion. On average, equity research analysts expect NTT DATA to post EPS of 0.85 for the current year.

NTT DATA Company Profile (Get a rating)

NTT DATA Corp. engages in the development and integration of information technology (IT) and data communication systems. It operates through the following segments: Public and Social Infrastructure, Finance, Enterprise and Solutions, North America, Europe, Middle East and Africa (EMEA) and Latin America (LATAM) and Others.

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