Asahi Glass (OTCMKTS:ASGLY) Issues FY 2026 Earnings Guidance

Asahi Glass (OTCMKTS:ASGLY) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.460-0.460 for the period, compared to the consensus estimate of 0.420. The company issued revenue guidance of $14.0 billion-$14.0 billion.

Asahi Glass Trading Down 7.0%

ASGLY stock traded down $0.53 during trading on Tuesday, hitting $7.09. The company had a trading volume of 791 shares, compared to its average volume of 6,396. Asahi Glass has a 52-week low of $5.87 and a 52-week high of $10.69. The company has a 50 day simple moving average of $8.49 and a 200-day simple moving average of $7.82. The firm has a market capitalization of $7.71 billion, a P/E ratio of 13.38 and a beta of 0.49. The company has a quick ratio of 0.76, a current ratio of 1.41 and a debt-to-equity ratio of 0.26.

Asahi Glass (OTCMKTS:ASGLY) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $3.43 billion during the quarter. Asahi Glass had a net margin of 4.04% and a return on equity of 5.02%. Asahi Glass has set its FY 2026 guidance at 0.460-0.460 EPS. As a group, research analysts forecast that Asahi Glass will post 0.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Asahi Glass to a “hold” rating in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Asahi Glass Company Profile

Asahi Glass Co, Ltd., operating under the global brand AGC Inc, is a leading manufacturer of glass, chemicals and high?performance materials. The company’s core business includes architectural and automotive glass, display glass for liquid crystal displays and semiconductor fabrication equipment, as well as fluorochemicals, ceramics and specialty materials. Through these diverse product lines, Asahi Glass serves markets ranging from construction and automotive to electronics and chemical processing.

Founded in 1907 as Japan’s first sheet glass producer, Asahi Glass has grown into a multinational enterprise with operations spanning Asia, Europe, North America and beyond.