West Japan Railway (OTCMKTS:WJRYY) Raised to Strong-Buy at Zacks Research

West Japan Railway (OTCMKTS:WJRYY) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

West Japan Railway Stock Up 3.9%

Shares of WJRYY opened at $19.44 on Tuesday. The stock has a market cap of $8.86 billion, a price-to-earnings ratio of 11.64 and a beta of 0.13. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 1.06. West Japan Railway has a 12 month low of $15.08 and a 12 month high of $23.85. The company has a 50-day moving average price of $18.83 and a two-hundred day moving average price of $18.25.

West Japan Railway (OTCMKTS:WJRYY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.06. West Japan Railway had a return on equity of 9.37% and a net margin of 6.41%.The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.66 billion. West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. Equities analysts predict that West Japan Railway will post 1.43 EPS for the current fiscal year.

About West Japan Railway

West Japan Railway Co, known as JR West, is a Japanese passenger railway company formed in 1987 following the breakup and privatization of Japanese National Railways. Headquartered in Osaka, the company serves western Japan, with a network covering major urban and regional areas in the Kansai, Chugoku and Hokuriku regions.

JR West operates conventional commuter and intercity rail services, as well as the Sanyo Shinkansen connecting Shin-Osaka with Hakata and the Hokuriku Shinkansen in western Japan.