West Japan Railway (OTCMKTS:WJRYY) Shares Gap Up – Time to Buy?

West Japan Railway (OTCMKTS:WJRYY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $19.2550, but opened at $20.2020. West Japan Railway shares last traded at $19.61, with a volume of 636 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised West Japan Railway from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, West Japan Railway presently has an average rating of “Hold”.

West Japan Railway Trading Down 0.1%

The company has a market cap of $8.93 billion, a price-to-earnings ratio of 11.74 and a beta of 0.13. The company has a current ratio of 1.12, a quick ratio of 0.74 and a debt-to-equity ratio of 1.06. The business’s 50 day moving average price is $18.72 and its 200-day moving average price is $18.31.

West Japan Railway (OTCMKTS:WJRYY) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.06. The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.66 billion. West Japan Railway had a net margin of 6.41% and a return on equity of 9.37%. West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. On average, equities analysts anticipate that West Japan Railway will post 1.43 EPS for the current fiscal year.

West Japan Railway Company Profile

West Japan Railway Company, also known as JR West, is a Japanese transportation company that operates passenger railway services primarily in western Honshu and parts of the Hokuriku region. Its network serves major urban and regional markets, including Osaka, Kyoto, Kobe, Hiroshima and Kanazawa.

The company operates conventional rail lines as well as high-speed services, including the Sanyo Shinkansen between Shin-Osaka and Hakata and the Hokuriku Shinkansen in cooperation with other Japan Railways companies.