Capcom Co., Ltd. ADR logo

Capcom Co., Ltd. ADR (CCOEY)

Market Closed
15 Sep, 19:36
OTC PINK OTC PINK
$
14. 02
-0.09
-0.6556%
$
11.36B Market Cap
- P/E Ratio
0.72% Div Yield
6 Volume
- Eps
$ 14.11
Previous Close
Investors:
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Day Range
13.8 14.15
Year Range
8.63 14.79
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Capcom: Negative Short-Term And Long-Term Prospects (Rating Downgrade)

Capcom: Negative Short-Term And Long-Term Prospects (Rating Downgrade)

Capcom's Q1 FY 2024 operating income fell 46% YoY missing consensus estimates, and analysts have lowered full-year operating profit projections. Capcom faces significant mid-to-long-term challenges, including traditional video games ceding share to social or casual games and difficulties in selling its PC games in emerging markets. I have a negative opinion of CCOEY's outlook in the near term and long run, and this has prompted a downgrade to a Sell rating.

Seekingalpha | 2 years ago