FY2025 Earnings Estimate for TOYO Issued By HC Wainwright

TOYO Co., Ltd. (NASDAQ:TOYO) – Investment analysts at HC Wainwright issued their FY2025 earnings per share (EPS) estimates for shares of TOYO in a report released on Thursday, January 15th. HC Wainwright analyst A. Dayal forecasts that the company will earn $0.78 per share for the year. HC Wainwright has a “Buy” rating and a $18.00 price objective on the stock. HC Wainwright also issued estimates for TOYO’s FY2026 earnings at $2.13 EPS and FY2027 earnings at $3.61 EPS.

Several other equities research analysts also recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TOYO in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of TOYO to a “hold” rating in a research note on Saturday, October 25th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

TOYO Stock Up 1.8%

Shares of TOYO stock opened at $6.28 on Monday. The company has a current ratio of 0.47, a quick ratio of 0.26 and a debt-to-equity ratio of 0.49. The business’s 50 day moving average is $6.33 and its two-hundred day moving average is $5.87. TOYO has a twelve month low of $2.57 and a twelve month high of $8.39.

TOYO Company Profile

TOYO Co Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain. The company was founded on November 8, 2022 and is headquartered in Tokyo, Japan.