Tokyo Electron (OTCMKTS:TOELY) Sees Large Volume Increase - Still a Buy?

Key Points

• Tokyo Electron Ltd. experienced a significant increase in trading volume, with approximately 250,772 shares traded, marking a 57% increase from the previous session.
• The stock's last recorded price was $68.23, down from a previous close of $69.33, indicating a fluctuation following increased trading activity.
• In its latest earnings report, Tokyo Electron reported $0.86 EPS, falling short of analyst expectations and posting a revenue of $3.80 billion, which also missed the consensus estimate.

Tokyo Electron Ltd. (OTCMKTS:TOELY - Get Free Report) shares saw an uptick in trading volume on Monday . 250,772 shares were traded during mid-day trading, an increase of 57% from the previous session's volume of 159,469 shares.The stock last traded at $68.23 and had previously closed at $69.33.

Wall Street Analyst Weigh In

Separately, Zacks Research cut Tokyo Electron from a "strong-buy" rating to a "hold" rating in a report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy".

Tokyo Electron Price Performance

The firm has a market cap of $62.85 billion, a PE ratio of 17.53 and a beta of 1.73. The business has a fifty day moving average price of $83.34 and a two-hundred day moving average price of $78.45.

Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.86 earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by ($0.03). Tokyo Electron had a net margin of 22.07% and a return on equity of 28.97%. The business had revenue of $3.80 billion for the quarter, compared to analysts' expectations of $4.10 billion. Tokyo Electron has set its FY 2025 guidance at 6.700-6.700 EPS. As a group, sell-side analysts forecast that Tokyo Electron Ltd. will post 3.23 EPS for the current fiscal year.

Tokyo Electron Company Profile

Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.