Tokyo Electron (OTCMKTS:TOELY – Get Free Report) will likely be announcing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $1.11 per share and revenue of $4.7130 billion for the quarter.
Tokyo Electron Trading Down 2.2%
OTCMKTS:TOELY opened at $204.53 on Thursday. The company has a 50-day moving average price of $201.69 and a 200-day moving average price of $158.36. The stock has a market cap of $191.45 billion, a price-to-earnings ratio of 49.52 and a beta of 1.88. Tokyo Electron has a 12 month low of $66.10 and a 12 month high of $249.37.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of Tokyo Electron from a “hold” rating to a “strong-buy” rating in a report on Friday, June 19th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.
About Tokyo Electron
Tokyo Electron (OTCMKTS:TOELY) is a Japan-based manufacturer of equipment and services for the semiconductor and flat-panel display industries. The company develops, produces and sells a broad range of wafer fabrication tools used across front-end and back-end semiconductor processes, including equipment for etch, deposition, thermal processing, wafer cleaning and inspection, as well as production systems for advanced packaging and assembly. In addition to semiconductor tools, Tokyo Electron supplies production equipment and process solutions for flat-panel displays and related display technologies.
Beyond capital equipment, Tokyo Electron provides lifecycle services such as installation, maintenance, spare parts, process support and software solutions aimed at maximizing tool uptime and process yield.
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