Toray Industries (OTCMKTS:TRYIY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Toray Industries (OTCMKTS:TRYIY) to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

Separately, Smbc Nikko Sec. upgraded shares of Toray Industries to a “strong-buy” rating in a research report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Toray Industries Trading Up 0.4%

Toray Industries stock opened at $14.73 on Tuesday. The stock has a market cap of $11.08 billion, a P/E ratio of 21.04 and a beta of 0.49. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.15. Toray Industries has a 1 year low of $11.70 and a 1 year high of $17.51. The firm’s 50 day moving average price is $14.25 and its 200-day moving average price is $14.34.

Toray Industries (OTCMKTS:TRYIY) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The firm had revenue of $4.22 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Toray Industries had a net margin of 3.06% and a return on equity of 4.22%. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. On average, equities analysts predict that Toray Industries will post 0.79 earnings per share for the current fiscal year.

About Toray Industries

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.