Tokyo Electron (OTCMKTS:TOELY) Shares Gap Down - Should You Sell?

Key Points

• Tokyo Electron Ltd. shares gapped down from $71.12 to $69.10 before the market opened, with a trading volume of 2,660 shares.
• Zacks Research downgraded Tokyo Electron from a "strong-buy" to a "hold" rating, while the stock has an average rating of "buy" from analysts.
• The company reported quarterly earnings of $0.86 per share, missing expectations and setting FY 2025 guidance at 6.700 EPS, with revenue of $3.80 billion compared to the estimated $4.10 billion.

Tokyo Electron Ltd. (OTCMKTS:TOELY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $71.12, but opened at $69.10. Tokyo Electron shares last traded at $69.10, with a volume of 2,660 shares traded.

Analysts Set New Price Targets

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

Tokyo Electron Price Performance

The company has a 50-day moving average of $82.70 and a two-hundred day moving average of $78.22. The company has a market capitalization of $61.70 billion, a PE ratio of 17.22 and a beta of 1.80.

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