Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down - What's Next?

Key Points

• Tokio Marine Holdings Inc. shares opened at $40.79 after a gap down from the previous close of $42.84, trading at a volume of 850 shares.
• Analysts have downgraded Tokio Marine from a "strong-buy" to a "buy" rating, with the average rating now at "Reduce".
• The company reported a quarterly EPS of $0.71 with revenue of $13.32 billion, and analysts project an EPS of 3.51 for the current fiscal year.

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $42.84, but opened at $40.79. Tokio Marine shares last traded at $40.79, with a volume of 850 shares.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Wall Street Zen lowered Tokio Marine from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 6th. Zacks Research cut Tokio Marine from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 26th. Finally, Nomura Securities upgraded Tokio Marine to a "hold" rating in a research note on Tuesday, June 3rd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce".

Tokio Marine Price Performance

The company has a 50-day simple moving average of $42.66 and a 200-day simple moving average of $40.61. The stock has a market cap of $82.51 billion, a PE ratio of 11.72, a PEG ratio of 0.76 and a beta of 0.27. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.05 and a quick ratio of 0.05.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The company reported $0.71 earnings per share (EPS) for the quarter. The firm had revenue of $13.32 billion during the quarter. Tokio Marine had a return on equity of 22.49% and a net margin of 13.45%. Sell-side analysts anticipate that Tokio Marine Holdings Inc. 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.

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