Japan Tob (OTCMKTS:JAPAY) Shares Gap Up – Should You Buy?

Japan Tob (OTCMKTS:JAPAY) gapped up prior to trading on Friday . The stock had previously closed at $21.26, but opened at $22.40. Japan Tob shares last traded at $21.86, with a volume of 3,527 shares trading hands.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. BTIG Research initiated coverage on Japan Tob in a research note on Wednesday, July 22nd. They set a “buy” rating on the stock. Zacks Research raised Japan Tob from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Japan Tob has an average rating of “Hold” and a consensus target price of $17.00.

Japan Tob Price Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.45 and a current ratio of 2.04. The company has a market cap of $77.55 billion, a PE ratio of 15.94, a PEG ratio of 1.44 and a beta of 0.27. The company’s 50-day simple moving average is $20.93 and its 200 day simple moving average is $19.54.

Japan Tob (OTCMKTS:JAPAY) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.33 by $0.08. The business had revenue of $6.67 billion during the quarter, compared to analyst estimates of $6.15 billion. On average, sell-side analysts predict that Japan Tob will post 1.12 earnings per share for the current fiscal year.

Japan Tob Company Profile

Japan Tobacco Inc is a Japan-based company primarily engaged in the manufacture and sale of tobacco products. Its portfolio includes combustible cigarettes, cigars and roll-your-own tobacco, as well as reduced-risk products such as heated tobacco products marketed under the Ploom brand. The company sells products in Japan and through an international tobacco business serving markets across Europe, the Middle East, Africa, Asia and other regions.

Japan Tobacco’s brand portfolio has included internationally recognized names such as Winston, Camel, Mevius and LD, although product availability varies by market.