Sumitomo (OTCMKTS:SSUMY - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.220-0.220 for the period, compared to the consensus EPS estimate of 3.050.
Sumitomo Price Performance
SSUMY stock opened at $10.61 on Tuesday. The company has a fifty day moving average price of $11.25 and a 200-day moving average price of $28.32. The company has a market capitalization of $50.72 billion, a P/E ratio of 13.39, a PEG ratio of 0.80 and a beta of 0.60. Sumitomo has a 52-week low of $7.14 and a 52-week high of $12.45. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.94 and a current ratio of 1.34.
Sumitomo (OTCMKTS:SSUMY - Get Free Report) last issued its quarterly earnings results on Monday, November 2nd. The conglomerate reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.23 by ($0.02). Sumitomo had a return on equity of 12.71% and a net margin of 8.23%. The business had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.01 billion. As a group, equities analysts expect that Sumitomo will post 1.60 EPS for the current year.
Analysts Set New Price Targets
Separately, Zacks Research raised Sumitomo from a "hold" rating to a "strong-buy" rating in a report on Monday, September 7th. One analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of "Strong Buy".
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Sumitomo Company Profile
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Sumitomo Corporation OTCMKTS: SSUMY is a Japan-based global trading and business investment company. It develops and manages businesses across a broad range of industries, connecting suppliers, manufacturers, service providers and customers through international networks and operating companies.
The company's activities include metal products, transportation and infrastructure, construction systems, urban development, media and digital services, lifestyle-related businesses, mineral resources, energy transformation, and chemicals.
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