Tokuyama Co. to Post FY2023 Earnings of $0.97 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:TKYMY)

Tokuyama Co. (OTCMKTS:TKYMY) – Analysts at Jefferies Financial Group reduced their FY2023 EPS estimates for Tokuyama in a research report issued to clients and investors on Thursday, September 9th. Jefferies Financial Group analyst Y. Azuma now anticipates that the company will post earnings of $0.97 per share for the year, down from their previous forecast of $1.20. Jefferies Financial Group also issued estimates for Tokuyama’s FY2024 earnings at $0.77 EPS.

Shares of OTCMKTS:TKYMY opened at $10.15 on Monday. The business’s 50 day simple moving average is $10.14 and its 200-day simple moving average is $11.09. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 6.15 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.40 and a quick ratio of 1.92. Tokuyama has a 12 month low of $10.05 and a 12 month high of $12.92.

About Tokuyama

Tokuyama Corp. engages in the manufacture and sale of inorganic and organic industrial chemicals, synthetic resins, cement, and construction materials. It operates through the following segments: Chemicals, Specialty Products, Cement, Life and Amenity, and Others. The Chemicals segment produces and markets caustic soda, soda ash, and chlorine.

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Earnings History and Estimates for Tokuyama (OTCMKTS:TKYMY)

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