West Japan Railway (OTCMKTS:WJRYY) Stock Lifted to “Strong-Buy” by Zacks Research

Zacks Research upgraded shares of West Japan Railway (OTCMKTS:WJRYY) from a hold rating to a strong-buy rating in a research note published on Tuesday morning,Zacks reports.

West Japan Railway Trading Up 3.9%

Shares of West Japan Railway stock opened at $19.44 on Tuesday. The company has a fifty day moving average of $18.83 and a 200 day moving average of $18.25. West Japan Railway has a fifty-two week low of $15.08 and a fifty-two week high of $23.85. The company has a market capitalization of $8.86 billion, a P/E ratio of 11.64 and a beta of 0.13. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.74 and a current ratio of 1.12.

West Japan Railway (OTCMKTS:WJRYY) last released its earnings results on Wednesday, August 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.06. West Japan Railway had a return on equity of 9.37% and a net margin of 6.41%.The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.66 billion. West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. On average, sell-side analysts anticipate that West Japan Railway will post 1.43 earnings per share for the current fiscal year.

West Japan Railway Company Profile

West Japan Railway Co, known as JR West, is a Japanese passenger railway company formed in 1987 following the breakup and privatization of Japanese National Railways. Headquartered in Osaka, the company serves western Japan, with a network covering major urban and regional areas in the Kansai, Chugoku and Hokuriku regions.

JR West operates conventional commuter and intercity rail services, as well as the Sanyo Shinkansen connecting Shin-Osaka with Hakata and the Hokuriku Shinkansen in western Japan.