Hoya Corp. (OTCMKTS:HOCPY - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $127.50, but opened at $116.65. Hoya shares last traded at $116.06, with a volume of 42,207 shares.
Analysts Set New Price Targets
HOCPY has been the topic of a number of analyst reports. Erste Group Bank raised shares of Hoya from a "hold" rating to a "strong-buy" rating in a report on Friday, May 23rd. The Goldman Sachs Group raised shares of Hoya from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 23rd.
Check Out Our Latest Stock Analysis on Hoya
Hoya Stock Down 8.9%
The company has a current ratio of 4.90, a quick ratio of 4.21 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $39.87 billion, a PE ratio of 29.05, a P/E/G ratio of 2.32 and a beta of 0.91. The stock's fifty day simple moving average is $120.19 and its 200-day simple moving average is $120.00.
Hoya (OTCMKTS:HOCPY - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $1.05 earnings per share for the quarter, hitting analysts' consensus estimates of $1.05. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.47 billion. Hoya had a net margin of 23.57% and a return on equity of 21.24%. As a group, sell-side analysts forecast that Hoya Corp. will post 3.66 EPS for the current fiscal year.
Hoya Company Profile
(
Get Free Report)
HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.
See Also
Before you consider Hoya, 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 Hoya wasn't on the list.
While Hoya currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.