PT Astra International Tbk (PTAIY) Expected to Post Earnings on Thursday

PT Astra International Tbk (OTCMKTS:PTAIY) is anticipated to issue its resultson Thursday, July 23rd. Analysts expect the company to post earnings of $0.2171 per share and revenue of $4.3633 billion for the quarter.

PT Astra International Tbk Trading Up 0.2%

OTCMKTS PTAIY opened at $5.37 on Thursday. PT Astra International Tbk has a 1 year low of $5.02 and a 1 year high of $8.79. The company has a market cap of $10.87 billion and a PE ratio of 0.00. The stock’s 50-day moving average price is $5.84 and its two-hundred day moving average price is $7.08.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research report on Friday, June 12th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, PT Astra International Tbk has a consensus rating of “Sell”.

About PT Astra International Tbk

PT Astra International Tbk is a leading Indonesian diversified conglomerate with interests spanning automotive, financial services, heavy equipment, agribusiness, infrastructure, logistics, information technology, and property. Founded in 1957 and headquartered in Jakarta, the company established itself early as the exclusive distributor of Toyota vehicles in Indonesia, a relationship that remains a cornerstone of its automotive business. Over the decades, Astra has expanded its product and service offerings through strategic partnerships and joint ventures with global firms, solidifying its position in several key sectors of the Indonesian economy.

The company’s automotive segment encompasses the distribution and retail of passenger cars, commercial vehicles, motorcycles, and component manufacturing.