Japan Tob (JAPAY) Set to Release Quarterly Earnings on Thursday

Japan Tob (OTCMKTS:JAPAY) is expected to post its results after the market closes on Thursday, October 29th. Analysts expect Japan Tob to post earnings of $0.3466 per share and revenue of $6.37 billion for the quarter.

Japan Tob (OTCMKTS:JAPAY) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.08. The business had revenue of $6.67 billion for the quarter, compared to the consensus estimate of $6.15 billion. On average, analysts expect Japan Tob to post $1.13 EPS for the current fiscal year and $1.27 EPS for the next fiscal year.

Japan Tob Stock Up 0.3%

OTCMKTS JAPAY opened at $24.06 on Tuesday. The company has a current ratio of 2.04, a quick ratio of 1.45 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average is $22.19 and its two-hundred day moving average is $19.85. The company has a market capitalization of $85.43 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 1.59 and a beta of 0.28. Japan Tob has a 1-year low of $15.74 and a 1-year high of $24.54.

Analysts Set New Price Targets

Separately, BTIG Research started coverage on Japan Tob in a report on Wednesday, July 22nd. They issued a “buy” rating for the company. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $17.00.

About Japan Tob

Japan Tobacco Inc is a Japan-based company engaged primarily in the manufacture and sale of tobacco products. Its portfolio includes cigarettes, heated tobacco products and other reduced-risk products, marketed under brands such as Winston, Camel, Mevius and LD in various markets.

The company also operates businesses in pharmaceutical products and processed foods. Its pharmaceutical operations focus on prescription medicines, while its food business provides products including frozen foods, seasonings and other processed food items.

Japan Tobacco traces its history to Japan’s former tobacco monopoly and was established in its current corporate form in 1985.