Toray Industries (OTCMKTS:TRYIY) Shares Gap Down - Here's What Happened

Key Points

• Price action: Toray shares gapped down pre-market, opening at $13.92 after a $14.8250 close and last trading at $14.54 on light volume (~563 shares).
• Analyst update: SMBC Nikko upgraded the stock to a "Strong Buy" on Feb. 17, and MarketBeat shows a consensus of Moderate Buy (1 Strong Buy, 2 Holds).
• Earnings and guidance: Toray reported Q EPS of $0.03 vs. $0.20 expected (miss by $0.17) while revenue beat $4.40B vs. $4.20B, and set FY2025 guidance at 0.707 EPS (analysts expect ~0.73).

Toray Industries Inc. (OTCMKTS:TRYIY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $14.8250, but opened at $13.92. Toray Industries shares last traded at $14.54, with a volume of 563 shares.

Analyst Ratings Changes

Separately, Smbc Nikko Sec. raised Toray Industries to a "strong-buy" rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Toray Industries presently has a consensus rating of "Moderate Buy".

Toray Industries Stock Down 0.5%

The company has a quick ratio of 1.16, a current ratio of 1.78 and a debt-to-equity ratio of 0.28. The stock has a 50 day simple moving average of $15.20 and a 200 day simple moving average of $13.82. The stock has a market cap of $10.95 billion, a price-to-earnings ratio of 37.32 and a beta of 0.49.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.17). Toray Industries had a net margin of 1.71% and a return on equity of 2.38%. The firm had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.20 billion. Toray Industries has set its FY 2025 guidance at 0.707-0.707 EPS. As a group, analysts expect that Toray Industries Inc. will post 0.73 earnings per share for the current fiscal year.

Toray Industries Company Profile

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company's core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.

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