Wall Street Zen Upgrades Tokio Marine (OTCMKTS:TKOMY) to "Buy"

Key Points

• Tokio Marine has been upgraded from a "hold" rating to a "buy" rating by Wall Street Zen, reflecting increased positive sentiment among analysts.
• The company's stock traded at $42.69 on Monday, with a market cap of $82.56 billion and a P/E ratio of 11.73.
• Recently, Tokio Marine reported an earnings per share (EPS) of $0.71 for the quarter, with anticipations of a yearly EPS of 3.51 from analysts.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Monday.

Separately, Nomura Securities upgraded Tokio Marine to a "hold" rating in a research report on Tuesday, June 3rd.

Tokio Marine Stock Performance

OTCMKTS:TKOMY traded up $1.16 during mid-day trading on Monday, hitting $45.08. 54,131 shares of the stock were exchanged, compared to its average volume of 113,083. The stock has a market capitalization of $87.18 billion, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 0.76 and a beta of 0.29. The firm's 50-day simple moving average is $41.22 and its 200 day simple moving average is $38.80. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.06 and a current ratio of 0.06. Tokio Marine has a fifty-two week low of $30.14 and a fifty-two week high of $45.51.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.71 EPS for the quarter. Tokio Marine had a return on equity of 22.48% and a net margin of 13.45%. The firm had revenue of $13.32 billion for the quarter. As a group, equities analysts anticipate that Tokio Marine will post 3.51 EPS for the current fiscal year.

Tokio Marine Company Profile

Tokio Marine Holdings, Inc, together with its subsidiaries, engages in non-life and life insurance, international insurance, and financial and general businesses worldwide. The company provides business, fire, Internet and mobile, rental housing, and natural catastrophe risk insurance services, as well as insurance for retail and corporate fields.