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Obayashi (OTCMKTS:OBYCF) Trading Up 12% - Should You Buy?

Obayashi logo with Construction background
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Key Points

  • Shares jumped 12% intraday to $24.2650 on Friday, but trading was thin at roughly 433 shares (about a 64% decline versus average daily volume).
  • Quarterly results beat expectations — EPS $0.40 vs. $0.29 estimate and revenue $4.28B vs. $4.06B — while valuation sits at a P/E of 14.11 and market cap around $17.15B with low leverage (debt/equity 0.22).
  • Balance-sheet and technicals are solid, with a quick ratio of 1.19, current ratio of 1.24, low beta (0.28), and 50-day/200-day moving averages of $24.96/$22.02, placing the stock near short-term resistance.
  • Five stocks we like better than Obayashi.

Obayashi Corporation (OTCMKTS:OBYCF - Get Free Report) was up 12% on Friday . The company traded as high as $24.2650 and last traded at $24.2650. Approximately 433 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 1,208 shares. The stock had previously closed at $21.66.

Obayashi Stock Performance

The stock has a market cap of $17.15 billion, a P/E ratio of 14.11 and a beta of 0.28. The company has a quick ratio of 1.19, a current ratio of 1.24 and a debt-to-equity ratio of 0.22. The business has a 50 day moving average price of $24.96 and a two-hundred day moving average price of $22.02.

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

About Obayashi

(Get Free Report)

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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