Tokyo Electron (OTCMKTS:TOELY) Reaches New 52-Week High – Should You Buy?

Shares of Tokyo Electron Ltd. (OTCMKTS:TOELY) hit a new 52-week high during trading on Friday . The company traded as high as $97.28 and last traded at $97.28, with a volume of 8839 shares. The stock had previously closed at $95.07.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Tokyo Electron from a “hold” rating to a “strong sell” rating in a research note on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Tokyo Electron Price Performance

The firm’s 50-day moving average is $77.70 and its 200-day moving average is $79.19. The company has a market capitalization of $89.56 billion, a P/E ratio of 24.99 and a beta of 1.89.

Tokyo Electron (OTCMKTS:TOELY) last announced its earnings results on Thursday, July 31st. The company reported $0.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.03). The business had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $4.10 billion. Tokyo Electron had a net margin of 22.07% and a return on equity of 28.97%. Tokyo Electron has set its FY 2025 guidance at 6.700-6.700 EPS. As a group, analysts forecast that Tokyo Electron Ltd. will post 3.23 EPS 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.