Japan Tob (OTCMKTS:JAPAY) Releases Earnings Results, Beats Estimates By $0.05 EPS

Japan Tob (OTCMKTS:JAPAY) released its quarterly earnings data on Friday. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.05, Zacks reports. The firm had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.69 billion.

Japan Tob Stock Performance

Shares of Japan Tob stock opened at $18.77 on Friday. The company has a 50-day simple moving average of $18.50 and a two-hundred day simple moving average of $18.37. The company has a market capitalization of $66.65 billion, a PE ratio of 20.63 and a beta of 0.28. Japan Tob has a one year low of $14.02 and a one year high of $20.68. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.38 and a current ratio of 1.93.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Japan Tob from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, Japan Tob currently has a consensus rating of “Sell” and a consensus target price of $17.00.

Japan Tob Company Profile

Japan Tobacco Inc (OTC: JAPAY) is a Tokyo-based multinational company primarily engaged in the manufacture and sale of tobacco products. The company’s core activities include the development, production and distribution of cigarettes and other nicotine-delivery products for domestic and international markets. Japan Tobacco also pursues business activities beyond tobacco, including pharmaceutical and processed‑food operations through subsidiary units and strategic investments.

In its tobacco operations the company serves both the Japanese market and a broad international footprint through its global operating arm, Japan Tobacco International (JTI).