Wall Street Zen Upgrades Tokio Marine (OTCMKTS:TKOMY) to Strong-Buy

Key Points

• Wall Street Zen upgraded Tokio Marine from a "buy" rating to a "strong-buy" rating, indicating increased confidence in the company's future performance.
• Despite the upgrade, Zacks Research lowered Tokio Marine's rating from "hold" to "strong sell," reflecting mixed analyst sentiments about the stock.
• As of the latest trading session, Tokio Marine's stock was priced at $41.29, slightly down from its 50-day moving average of $42.88.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) was upgraded by Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued to investors on Monday.

A number of other equities analysts have also commented on TKOMY. Zacks Research lowered shares of Tokio Marine from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 26th. Nomura Securities upgraded Tokio Marine to a "hold" rating in a research note on Tuesday, June 3rd. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce".

Tokio Marine Stock Performance

Tokio Marine stock traded down $0.58 during trading hours on Monday, hitting $41.29. The company had a trading volume of 85,766 shares, compared to its average volume of 62,534. Tokio Marine has a one year low of $30.14 and a one year high of $46.23. The firm has a 50-day moving average of $42.88 and a 200 day moving average of $40.78. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.05 and a quick ratio of 0.05. The firm has a market cap of $79.85 billion, a PE ratio of 11.34, a PEG ratio of 0.74 and a beta of 0.27.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.71 EPS for the quarter. The company had revenue of $13.32 billion for the quarter. Tokio Marine had a return on equity of 22.49% and a net margin of 13.45%. On average, sell-side analysts expect that Tokio Marine will post 3.51 earnings per share for the current year.

About Tokio Marine

Tokio Marine Holdings, Inc, together with its subsidiaries, engages in non-life and life insurance, international insurance, and financial and general businesses worldwide. The company provides business, fire, Internet and mobile, rental housing, and natural catastrophe risk insurance services, as well as insurance for retail and corporate fields.

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