Tokyo Electron (TOELY) Projected to Post Quarterly Earnings on Thursday

Tokyo Electron (OTCMKTS:TOELY) is expected to be posting its resultson Thursday, July 30th. Analysts expect Tokyo Electron to announce earnings of $1.09 per share and revenue of $4.6704 billion for the quarter.

Tokyo Electron Price Performance

OTCMKTS TOELY opened at $184.50 on Tuesday. The stock has a market capitalization of $172.70 billion, a PE ratio of 44.67 and a beta of 1.88. Tokyo Electron has a 1 year low of $66.10 and a 1 year high of $249.37. The business’s 50-day moving average is $203.54 and its 200 day moving average is $159.90.

Analyst Ratings Changes

Separately, Zacks Research raised Tokyo Electron from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 19th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Tokyo Electron currently has an average rating of “Strong Buy”.

About Tokyo Electron

Tokyo Electron (OTCMKTS:TOELY) is a Japan-based manufacturer of equipment and services for the semiconductor and flat-panel display industries. The company develops, produces and sells a broad range of wafer fabrication tools used across front-end and back-end semiconductor processes, including equipment for etch, deposition, thermal processing, wafer cleaning and inspection, as well as production systems for advanced packaging and assembly. In addition to semiconductor tools, Tokyo Electron supplies production equipment and process solutions for flat-panel displays and related display technologies.

Beyond capital equipment, Tokyo Electron provides lifecycle services such as installation, maintenance, spare parts, process support and software solutions aimed at maximizing tool uptime and process yield.