Toyota Industries (TYIDY) to Announce Quarterly Earnings on Tuesday

Toyota Industries (OTCMKTS:TYIDY) is expected to issue its resultson Tuesday, July 28th. Analysts expect the company to announce earnings of $2.18 per share and revenue of $6.5182 billion for the quarter.

Toyota Industries Trading Down 1.9%

Shares of OTCMKTS TYIDY opened at $121.60 on Tuesday. Toyota Industries has a 12-month low of $105.38 and a 12-month high of $136.11. The firm’s 50-day moving average price is $126.58 and its 200-day moving average price is $126.29. The stock has a market capitalization of $36.54 billion and a price-to-earnings ratio of 0.37.

Analyst Ratings Changes

Separately, Zacks Research upgraded Toyota Industries to a “hold” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

About Toyota Industries

Toyota Industries Corporation, headquartered in Kariya, Aichi Prefecture, Japan, traces its origins to Sakichi Toyoda’s Toyoda Automatic Loom Works founded in 1926. As the founding member of the Toyota Group, it has grown from a textile machinery manufacturer into a diversified industrial and automotive supplier. Throughout its history, Toyota Industries has emphasized innovation, quality management and continuous improvement to expand its global footprint.

The company’s Material Handling Equipment segment, marketed under the Toyota Material Handling brand, is a leading producer of forklift trucks, warehouse vehicles and automated guided vehicles.