Latest news with #MasahiroAkita
Business Insider
03-07-2025
- Automotive
- Business Insider
'Crisis Mode': Nissan Stock (OTHEROTC:NSANY) Notches Up Despite Recall, Supply Chain Problems
It has not been, strictly speaking, a good year so far for automaker Nissan (NSANY). And today brought plenty more bad news. Some serious supply chain issues are firing up in the background, and just to put the poisoned cherry on this already noxious sundae, a major recall notice emerged. But investors took it all in stride, and gave Nissan shares a fractional boost in Wednesday afternoon's trading. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Give Nissan its due credit; things may be bad therein, but it is trying, almost frantically, to turn things around. Reports note that Nissan has already started job cuts, planning to take 20,000 jobs out of the equation going forward. That proved to be decimation and then some; about 15% of the global workforce is poised to be turned out. But the situation got, perhaps, more dire from there. Nissan is also looking to its suppliers to save a few bucks and buy it some breathing room. Nissan is actively asking suppliers to wait for their payments, which would free up some cash and spread out the payments a bit more. Reports note that Nissan suppliers are offered the choice to '…be paid immediately or opt for a later payment.' Apparently, Nissan has 'incentivized' some European suppliers to take more flexible payment terms at no extra cost. Reports suggest that Nissan offered the suppliers willing to wait a higher interest rate on their payments. Then The Recall Hit If that sounds like a problem solved by the skin of Nissan's strictly metaphorical teeth, the next problem is much more pronounced. Nissan, reports note, will be recalling 443,899 vehicles in the United States over—and brace yourself for this—an engine failure. Several models of Nissan are involved, including the Altima, the Infiniti QX50, the Infiniti QX55, and the Rogue. Reports note that the vehicles' engine bearings may have 'manufacturing defects' which can result in a loss of power, and naturally, increase the risk of a crash. Those impacted by the recall will return vehicles to dealerships, where the oil pan will be inspected for metal debris. If debris is found, the engine will be repaired or replaced outright at no charge. A separate procedure will be followed for vehicles with three-cylinder 1.5-liter VC-Turbo engines. Is Nissan Stock a Buy or Sell? Turning to Wall Street, analysts have a Moderate Sell consensus rating on NSANY stock based on one Sell assigned in the past three months by Bernstein analyst Masahiro Akita, as indicated by the graphic below. Nissan has seen a 30.82% loss in its share price over the past year, but Akita has no price target on NSANY stock, so there is no average price target to consider.
Business Insider
02-06-2025
- Automotive
- Business Insider
Aisin Seiki Co (ASEKF) Gets a Hold from Bernstein
In a report released today, Masahiro Akita from Bernstein maintained a Hold rating on Aisin Seiki Co (ASEKF – Research Report), with a price target of Yen1,350.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Akita is an analyst with an average return of -2.9% and a 26.67% success rate. Akita covers the Consumer Cyclical sector, focusing on stocks such as Aisin Seiki Co, Nissan Motor Co, and Suzuki Motor. Currently, the analyst consensus on Aisin Seiki Co is a Moderate Buy with an average price target of $12.73.
Business Insider
02-06-2025
- Automotive
- Business Insider
Bernstein Reaffirms Their Buy Rating on Toyota (TYIDF)
Bernstein analyst Masahiro Akita maintained a Buy rating on Toyota (TYIDF – Research Report) today and set a price target of Yen18,750.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Akita is an analyst with an average return of -2.9% and a 26.67% success rate. Akita covers the Consumer Cyclical sector, focusing on stocks such as Nissan Motor Co, Suzuki Motor, and Toyota Motor. In a report released on May 13, Macquarie also maintained a Buy rating on the stock with a Yen20,000.00 price target.
Business Insider
02-06-2025
- Automotive
- Business Insider
Bernstein Reaffirms Their Buy Rating on Suzuki Motor (SZKMF)
In a report released today, Masahiro Akita from Bernstein maintained a Buy rating on Suzuki Motor (SZKMF – Research Report), with a price target of Yen2,300.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Akita covers the Consumer Cyclical sector, focusing on stocks such as Nissan Motor Co, Suzuki Motor, and Toyota Motor. According to TipRanks, Akita has an average return of -2.9% and a 26.67% success rate on recommended stocks. Suzuki Motor has an analyst consensus of Strong Buy, with a price target consensus of $15.76.
Business Insider
02-06-2025
- Automotive
- Business Insider
Bernstein Reaffirms Their Sell Rating on Nissan Motor Co (NSANF)
In a report released today, Masahiro Akita from Bernstein maintained a Sell rating on Nissan Motor Co (NSANF – Research Report), with a price target of Yen250.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Akita is an analyst with an average return of -2.9% and a 26.67% success rate. Akita covers the Consumer Cyclical sector, focusing on stocks such as Nissan Motor Co, Suzuki Motor, and Toyota Motor. Currently, the analyst consensus on Nissan Motor Co is a Strong Sell with an average price target of $2.03.
