Toray Industries (OTCMKTS:TRYIY) Posts Quarterly Earnings Results, Misses Estimates By $0.09 EPS

Key Points

• Toray Industries reported earnings of $0.15 per share for the quarter, with a net margin of 3.04% and a return on equity of 4.26%.
• The company's stock opened at $14.31, showing a market cap of $11.46 billion and PE ratio of 22.36, with a fifty-two week range of $9.66 to $14.80.
• Analysts have mixed views, with Nomura Securities upgrading to a "hold" rating, while UBS Group downgraded from "strong-buy" to "hold."

Toray Industries (OTCMKTS:TRYIY - Get Free Report) issued its earnings results on Friday. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.09), Zacks reports. The firm had revenue of $4.03 billion during the quarter, compared to analysts' expectations of $4.41 billion. Toray Industries had a net margin of 2.72% and a return on equity of 3.81%. Toray Industries updated its FY 2025 guidance to 0.740-0.740 EPS.

Toray Industries Trading Up 1.2%

Shares of Toray Industries stock traded up $0.16 during trading hours on Tuesday, hitting $13.16. The company's stock had a trading volume of 12,351 shares, compared to its average volume of 24,078. Toray Industries has a 1-year low of $9.66 and a 1-year high of $14.80. The business has a fifty day moving average of $13.55 and a 200 day moving average of $13.43. The company has a market capitalization of $10.54 billion, a PE ratio of 22.69 and a beta of 0.60. The company has a quick ratio of 1.10, a current ratio of 1.70 and a debt-to-equity ratio of 0.26.

Analysts Set New Price Targets

TRYIY has been the topic of a number of research analyst reports. Nomura Securities raised shares of Toray Industries to a "hold" rating in a report on Friday, June 6th. UBS Group downgraded shares of Toray Industries from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 17th.

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.