Japan Tob (OTCMKTS:JAPAY) Earns Buy Rating from Analysts at BTIG Research

Research analysts at BTIG Research assumed coverage on shares of Japan Tob (OTCMKTS:JAPAY) in a research note issued to investors on Wednesday. The firm set a “buy” rating on the stock.

Separately, Zacks Research upgraded Japan Tob from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Japan Tob currently has an average rating of “Hold” and an average target price of $17.00.

Japan Tob Price Performance

Shares of JAPAY stock opened at $19.66 on Wednesday. The stock has a 50 day moving average price of $19.10 and a 200 day moving average price of $18.77. Japan Tob has a 52-week low of $14.20 and a 52-week high of $20.68. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.31 and a current ratio of 1.88. The firm has a market capitalization of $69.81 billion, a P/E ratio of 19.66 and a beta of 0.29.

Japan Tob (OTCMKTS:JAPAY) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.30 by $0.05. The business had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.69 billion. As a group, sell-side analysts predict that Japan Tob will post 1.11 earnings per share for the current year.

Japan Tob Company Profile

Japan Tobacco Inc (OTC: JAPAY) is a Tokyo-based multinational company primarily engaged in the manufacture and sale of tobacco products. The company’s core activities include the development, production and distribution of cigarettes and other nicotine-delivery products for domestic and international markets. Japan Tobacco also pursues business activities beyond tobacco, including pharmaceutical and processed‑food operations through subsidiary units and strategic investments.

In its tobacco operations the company serves both the Japanese market and a broad international footprint through its global operating arm, Japan Tobacco International (JTI).