Japan Tob (OTCMKTS:JAPAY – Get Free Report) shares gapped up prior to trading on Tuesday. The stock had previously closed at $15.21, but opened at $17.30. Japan Tob shares last traded at $17.2350, with a volume of 55,104 shares changing hands.
Analysts Set New Price Targets
Several research firms have recently issued reports on JAPAY. BTIG Research initiated coverage on shares of Japan Tob in a research note on Wednesday, July 22nd. They set a “buy” rating on the stock. Zacks Research upgraded Japan Tob from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Japan Tob has an average rating of “Moderate Buy” and an average target price of $17.00.
Get Our Latest Analysis on JAPAY
Japan Tob Trading Up 15.0%
The firm has a market capitalization of $62.10 billion, a price-to-earnings ratio of 12.77, a P/E/G ratio of 1.23 and a beta of 0.28. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.45 and a current ratio of 2.04. The company has a 50 day moving average price of $22.16 and a two-hundred day moving average price of $20.04.
Japan Tob (OTCMKTS:JAPAY – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02). The company had revenue of $6.37 billion for the quarter, compared to analysts’ expectations of $6.45 billion. On average, research analysts forecast that Japan Tob will post 1.16 EPS for the current year.
About Japan Tob
Japan Tobacco Inc. is a Japanese company whose principal business is the manufacture and sale of tobacco products. Its portfolio includes cigarette brands such as Winston and Mevius, and the company also offers reduced-risk products and other tobacco-related products. Through its international operations, the company sells tobacco products in markets around the world. Japan Tobacco traces its origins to Japan’s government tobacco monopoly, established in 1898, and became a public company in 1985.
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