Japan Tob (JAPAY) Expected to Post Quarterly Earnings on Thursday

Japan Tob (OTCMKTS:JAPAY) is anticipated to issue its resultson Thursday, July 30th. Analysts expect Japan Tob to announce earnings of $0.3336 per share and revenue of $6.1255 billion for the quarter.

Japan Tob (OTCMKTS:JAPAY) last released its quarterly earnings data on Friday, May 8th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.30 by $0.05. The business had revenue of $5.91 billion for the quarter, compared to the consensus estimate 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 Performance

Shares of OTCMKTS:JAPAY opened at $19.75 on Thursday. The firm has a fifty day simple moving average of $19.10 and a two-hundred day simple moving average of $18.78. Japan Tob has a 52 week low of $14.20 and a 52 week high of $20.68. The company has a quick ratio of 1.31, a current ratio of 1.88 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $70.13 billion, a P/E ratio of 19.75 and a beta of 0.29.

Analysts Set New Price Targets

A number of research analysts recently commented on JAPAY shares. Zacks Research raised shares of Japan Tob from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. BTIG Research assumed coverage on Japan Tob in a research note on Wednesday. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $17.00.

About Japan Tob

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).