Obayashi (OTCMKTS:OBYCF) Shares Up 15.2% - Should You Buy?

Key Points

• Shares jumped 15.2% to $25.18 on Thursday, but the rally occurred on thin trading—just 237 shares exchanged, about a 79% decline from average volume.
• The company beat expectations for the quarter, reporting EPS of $0.40 (consensus $0.29) and revenue of $4.28B (consensus $4.06B), with a net margin of 7.06% and ROE of 9.6%.
• Obayashi trades at a modest valuation (P/E 14.64) with a $17.8B market cap and a conservative balance sheet (current ratio 1.24, debt-to-equity 0.22, beta 0.21).

Obayashi Corporation (OTCMKTS:OBYCF - Get Free Report)'s share price shot up 15.2% on Thursday . The stock traded as high as $25.18 and last traded at $25.18. 237 shares were traded during mid-day trading, a decline of 79% from the average session volume of 1,148 shares. The stock had previously closed at $21.8650.

Obayashi Stock Performance

The firm's 50-day moving average price is $24.46 and its two-hundred day moving average price is $22.47. The firm has a market capitalization of $17.80 billion, a PE ratio of 14.64 and a beta of 0.21. The company has a quick ratio of 1.19, a current ratio of 1.24 and a debt-to-equity ratio of 0.22.

Obayashi (OTCMKTS:OBYCF - Get Free Report) last released its earnings results on Monday, February 9th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.11. The business had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.06 billion. Obayashi had a net margin of 7.06% and a return on equity of 9.60%.

Obayashi Company Profile

Obayashi Corporation is a leading Japan‐based general contractor specializing in large‐scale construction and civil engineering projects. The company's core operations encompass the design, construction and maintenance of infrastructure such as roads, bridges, tunnels, railways and airports, as well as high-rise commercial and residential buildings, industrial facilities and energy plants. Obayashi also offers development planning and consulting services, leveraging in-house expertise in project management, environmental engineering and safety compliance.

Founded in 1892 and headquartered in Osaka, Obayashi has evolved from a regional builder into a global construction group.

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