West Japan Railway (OTCMKTS:WJRYY) Shares Gap Up – Time to Buy?

West Japan Railway (OTCMKTS:WJRYY)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $17.8075, but opened at $18.7010. West Japan Railway shares last traded at $18.2450, with a volume of 1,328 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of West Japan Railway from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the company currently has an average rating of “Strong Buy”.

West Japan Railway Trading Up 1.7%

The company has a market capitalization of $8.25 billion, a P/E ratio of 10.85 and a beta of 0.09. The company has a 50-day simple moving average of $18.78 and a 200 day simple moving average of $18.18. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.74 and a current ratio of 1.12.

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