Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up - Time to Buy?

Key Points

• Shares gapped up before trading Friday—opened at $40.32 versus the prior close of $38.92 but later traded around $38.50, indicating intraday volatility.
• Strong earnings beat: the company reported $0.75 EPS vs $0.52 expected and $15.11B revenue vs $12.87B, with ROE of 15.81% and a net margin of 9.29%.
• Analyst stance & valuation: brokerages’ average rating is currently "Hold" after recent downgrades, while the stock trades at a P/E of 13.84, PEG 0.65 and a market cap of about $73.9B.

Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $38.92, but opened at $40.32. Tokio Marine shares last traded at $38.50, with a volume of 11,802 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TKOMY. Wall Street Zen lowered Tokio Marine from a "buy" rating to a "hold" rating in a research note on Thursday, November 27th. Zacks Research upgraded Tokio Marine from a "strong sell" rating to a "hold" rating in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of "Hold".

Tokio Marine Stock Down 1.8%

The company has a quick ratio of 0.05, a current ratio of 0.04 and a debt-to-equity ratio of 0.04. The company has a 50 day simple moving average of $38.91 and a two-hundred day simple moving average of $39.50. The company has a market capitalization of $73.90 billion, a P/E ratio of 13.84, a PEG ratio of 0.65 and a beta of 0.15.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last announced its earnings results on Friday, February 13th. The company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. The firm had revenue of $15.11 billion during the quarter, compared to analysts' expectations of $12.87 billion. Tokio Marine had a return on equity of 15.81% and a net margin of 9.29%. As a group, equities analysts predict that Tokio Marine Holdings Inc. will post 3.51 EPS for the current year.

Tokio Marine Company Profile

Tokio Marine is a Tokyo‑headquartered insurance group with roots in the late 19th century and is one of Japan's largest insurers. The company operates through a network of subsidiaries and affiliates to provide a broad suite of insurance and risk‑management services. Tokio Marine's operations encompass both life and non‑life insurance businesses and are organized to serve individual policyholders, commercial clients and institutional customers.

The group's core products and services include property & casualty insurance—covering commercial and personal lines such as fire, automobile, marine and casualty—specialty insurance solutions, reinsurance and life and health insurance.

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