Tokyo Electron (OTCMKTS:TOELY) Stock Rating Lowered by Zacks Research

Zacks Research cut shares of Tokyo Electron (OTCMKTS:TOELY) from a hold rating to a strong sell rating in a report published on Monday,Zacks.com reports.

Tokyo Electron Price Performance

Tokyo Electron stock opened at $90.65 on Monday. The stock’s fifty day moving average price is $78.11 and its two-hundred day moving average price is $78.16. Tokyo Electron has a one year low of $58.17 and a one year high of $97.12. The firm has a market cap of $83.52 billion, a PE ratio of 23.30 and a beta of 1.80.

Tokyo Electron (OTCMKTS:TOELY) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.86 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.03). Tokyo Electron had a return on equity of 28.97% and a net margin of 22.07%.The company had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $4.10 billion. Tokyo Electron has set its FY 2025 guidance at 6.700-6.700 EPS. Sell-side analysts expect that Tokyo Electron will post 3.23 earnings per share for the current fiscal year.

About Tokyo Electron

Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.