Toray Industries (OTCMKTS:TRYIY - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.740-0.740 for the period. The company issued revenue guidance of $18.5 billion-$18.5 billion.
Toray Industries Stock Performance
Shares of OTCMKTS TRYIY traded up $0.16 during mid-day trading on Tuesday, hitting $13.16. The company had a trading volume of 14,328 shares, compared to its average volume of 24,085. The firm has a market cap of $10.55 billion, a P/E ratio of 22.70 and a beta of 0.60. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.70 and a quick ratio of 1.10. Toray Industries has a 12 month low of $9.66 and a 12 month high of $14.80. The business's 50-day simple moving average is $13.55 and its 200-day simple moving average is $13.43.
Toray Industries (OTCMKTS:TRYIY - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.24 by ($0.09). The business had revenue of $4.03 billion for the quarter, compared to the consensus estimate of $4.41 billion. Toray Industries had a return on equity of 3.81% and a net margin of 2.72%. As a group, analysts predict that Toray Industries will post 0.73 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages have commented on TRYIY. Nomura Securities upgraded shares of Toray Industries to a "hold" rating in a research note on Friday, June 6th. UBS Group cut shares of Toray Industries from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 17th.
Read Our Latest Stock Report on Toray Industries
About Toray Industries
(
Get Free Report)
Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.
Read More
Before you consider Toray Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Toray Industries wasn't on the list.
While Toray Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.