Japan Tob (JAPAY) Projected to Post Earnings on Thursday

Japan Tob (OTCMKTS:JAPAYGet Free Report) is expected to release its resultson Thursday, July 30th. Analysts expect Japan Tob to announce earnings of $0.2964 per share and revenue of $6.1232 billion for the quarter.

Japan Tob (OTCMKTS:JAPAYGet Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported $0.35 earnings per share 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 analyst estimates of $5.69 billion. On average, analysts expect Japan Tob to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Japan Tob Stock Up 1.7%

Shares of OTCMKTS JAPAY opened at $20.29 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.31 and a debt-to-equity ratio of 0.38. The company has a market cap of $72.05 billion, a price-to-earnings ratio of 20.29 and a beta of 0.29. Japan Tob has a 12 month low of $14.20 and a 12 month high of $20.68. The stock has a 50-day moving average price of $19.09 and a two-hundred day moving average price of $18.83.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. BTIG Research started coverage on shares of Japan Tob in a research note on Wednesday, July 22nd. They set a “buy” rating on the stock. Zacks Research raised Japan Tob from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Japan Tob presently has an average rating of “Hold” and an average price target of $17.00.

View Our Latest Stock Report on JAPAY

About Japan Tob

(Get Free Report)

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).

See Also

Earnings History for Japan Tob (OTCMKTS:JAPAY)

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