Tokyo Electron (TOELY) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tokyo Electron in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TOELY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TOELY, but not buy additional shares or sell existing shares.
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Tokyo Electron's stock was trading at $48.7533 at the beginning of the year. Since then, TOELY shares have increased by 41.1% and is now trading at $68.80.
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Tokyo Electron saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 12,500 shares, a drop of 88.1% from the April 30th total of 105,200 shares. Based on an average trading volume of 192,300 shares, the days-to-cover ratio is currently 0.1 days.
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Tokyo Electron (OTCMKTS:TOELY) pays an annual dividend of $0.85 per share and currently has a dividend yield of 1.23%. The dividend payout ratio is 21.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TOELY will have a dividend payout ratio of 26.40% next year. This indicates that the company will be able to sustain or increase its dividend.

Tokyo Electron shares split on Tuesday, April 4th 2023. The 1.5-1 split was announced on Tuesday, April 4th 2023. The newly issued shares were issued to shareholders after the closing bell on Tuesday, April 4th 2023. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Tokyo Electron updated its FY 2024 earnings guidance on Friday, May, 12th. The company provided EPS guidance of $4.84-$4.84 for the period. The company issued revenue guidance of $12.85 billion-$12.85 billion.

Tokyo Electron trades on the OTCMKTS under the ticker symbol "TOELY."

Shares of TOELY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TOELY stock can currently be purchased for approximately $68.80.

Tokyo Electron (OTCMKTS:TOELY) has a market capitalization of $64.90 billion and generates $16.35 billion in revenue each year. The company earns $3.49 billion in net income (profit) each year or $3.92 on an earnings per share basis.

The company employs 15,140 workers across the globe.

Tokyo Electron's mailing address is Akasaka Biz Tower 3-1 Akasaka 5-chom, Tokyo M0, 107-6325. The official website for the company is www.tel.com. The company can be reached via phone at (135) 561-7000.