What is HC Wainwright’s Estimate for TOYO FY2025 Earnings?

TOYO Co., Ltd. (NASDAQ:TOYO) – Investment analysts at HC Wainwright issued their FY2025 earnings per share estimates for TOYO in a report issued on Thursday, January 15th. HC Wainwright analyst A. Dayal anticipates that the company will post earnings of $0.78 per share for the year. HC Wainwright currently has a “Buy” rating and a $18.00 price target on the stock. HC Wainwright also issued estimates for TOYO’s FY2026 earnings at $2.13 EPS and FY2027 earnings at $3.61 EPS.

Several other equities research analysts also recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of TOYO in a report on Wednesday, October 8th. Wall Street Zen raised shares of TOYO to a “hold” rating in a research report on Saturday, October 25th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $18.00.

TOYO Stock Up 1.8%

TOYO stock opened at $6.28 on Monday. TOYO has a twelve month low of $2.57 and a twelve month high of $8.39. The business has a 50 day moving average price of $6.35 and a two-hundred day moving average price of $5.85. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.26 and a current ratio of 0.47.

TOYO Company Profile

TOYO Co Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain. The company was founded on November 8, 2022 and is headquartered in Tokyo, Japan.