Hoya (HOCPY) to Release Earnings on Thursday

Hoya (OTCMKTS:HOCPY) is anticipated to issue its results before the market opens on Thursday, October 30th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $225.6147 billion for the quarter.

Hoya (OTCMKTS:HOCPY) last posted its quarterly earnings data on Friday, August 1st. The technology company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.01. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.47 billion. Hoya had a return on equity of 21.01% and a net margin of 23.57%. On average, analysts expect Hoya to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hoya Price Performance

HOCPY stock opened at $157.43 on Wednesday. Hoya has a twelve month low of $97.49 and a twelve month high of $158.90. The company has a current ratio of 5.19, a quick ratio of 4.46 and a debt-to-equity ratio of 0.03. The business has a 50 day simple moving average of $141.41 and a 200-day simple moving average of $128.09. The company has a market capitalization of $54.02 billion, a P/E ratio of 39.36, a PEG ratio of 3.34 and a beta of 1.03.

Analysts Set New Price Targets

Several equities research analysts have recently commented on HOCPY shares. Nomura Securities upgraded Hoya to a “strong-buy” rating in a research note on Monday, August 18th. The Goldman Sachs Group upgraded Hoya from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

About Hoya

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.