Toray Industries (OTCMKTS:TRYIY) Updates FY 2025 Earnings Guidance

Key Points

• Toray Industries provided an earnings per share guidance of $0.740 and a revenue guidance of $18.5 billion for FY 2025.
• The company's stock price fell by $1.05 to $13.26 during trading hours, with a market capitalization of $10.62 billion.
• Analysts have mixed views on the stock, with UBS lowering its rating from "strong-buy" to "hold" while Nomura upgraded it to a "hold" rating.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) updated its FY 2025 earnings guidance on Friday. 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.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TRYIY shares. UBS Group lowered Toray Industries from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 17th. Nomura Securities upgraded Toray Industries to a "hold" rating in a report on Friday, June 6th.

Toray Industries Stock Performance

Shares of OTCMKTS TRYIY traded down $1.53 during midday trading on Friday, hitting $12.78. 15,755 shares of the company's stock were exchanged, compared to its average volume of 12,978. The company has a quick ratio of 1.10, a current ratio of 1.70 and a debt-to-equity ratio of 0.26. Toray Industries has a 12 month low of $9.66 and a 12 month high of $14.80. The company's 50 day moving average price is $13.57 and its 200 day moving average price is $13.43. The firm has a market capitalization of $10.24 billion, a PE ratio of 22.03 and a beta of 0.60.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.09). The firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.42 billion. Toray Industries had a net margin of 3.04% and a return on equity of 4.26%. As a group, analysts predict that Toray Industries will post 0.73 earnings per share for the current fiscal year.

About Toray Industries

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.