Erste Group Bank Issues Negative Forecast for Hoya Earnings

Hoya Corp. (OTCMKTS:HOCPY) – Research analysts at Erste Group Bank decreased their FY2027 earnings per share (EPS) estimates for shares of Hoya in a note issued to investors on Thursday, June 25th. Erste Group Bank analyst H. Engel now anticipates that the technology company will post earnings of $4.91 per share for the year, down from their prior forecast of $4.99. The consensus estimate for Hoya’s current full-year earnings is $4.90 per share. Erste Group Bank also issued estimates for Hoya’s FY2028 earnings at $5.51 EPS.

Hoya Stock Performance

Shares of OTCMKTS HOCPY opened at $160.99 on Wednesday. Hoya has a 12-month low of $112.01 and a 12-month high of $190.18. The firm has a market capitalization of $53.91 billion, a price-to-earnings ratio of 33.13, a price-to-earnings-growth ratio of 3.72 and a beta of 0.97. The company has a current ratio of 4.96, a quick ratio of 4.27 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average of $171.27 and a 200 day moving average of $170.29.

About Hoya

Hoya Corporation (OTCMKTS: HOCPY) is a Tokyo-based global manufacturer and supplier of optical products and related technologies. The company designs, produces and sells a broad range of optical materials and finished optics for consumer, industrial and healthcare markets, serving customers across Asia, Europe, the Americas and other regions worldwide.

Hoya’s product portfolio includes ophthalmic lenses and related vision-care products for eyeglasses, optical glass and lens blanks, and precision optical components used by original equipment manufacturers.