HOYA (HOCPY) Stock Price, News & Analysis

Company Overview

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics. It also operates Eyecity, a specialty retailer of contact lenses. In addition, the company provides information technology products, such as mask blanks and photomasks for manufacturing semiconductor chips; glass disks for hard disk drives; and imaging products that include optical glasses/optical lenses, colored glass filters, and laser equipment/UV light resources. Further, it engages in the research, development, manufacture, and sale of photomasks for manufacturing flat panel displays. Additionally, the company offers ReadSpeaker, a speech synthesis software; and cloud services comprising Kinnosuke, a time and attendance management service, as well as Yonosuke, an electronic payslip service. HOYA Corporation was founded in 1941 and is headquartered in Tokyo, Japan.

Key Stats

• Today's Range: $133.14 to $134.61
• 50-Day Range: $131.01 to $144.39
• 52-Week Range: $95.04 to $148.27
• Volume: 37,500 shs
• Average Volume: 23,590 shs
• Market Capitalization: $46.73 billion
• P/E Ratio: 36.58
• Dividend Yield: 0.46%
• Price Target: N/A
• Consensus Rating: N/A

HOYA Stock Analysis - MarketRank™

HOYA scored higher than 42% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for HOYA.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.04%

Earnings Growth

Earnings for HOYA are expected to grow by 13.04% in the coming year, from $3.68 to $4.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of HOYA is 36.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of HOYA is 36.58, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 139.27.

Price to Earnings Growth Ratio

HOYA has a PEG Ratio of 2.77. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

HOYA has a P/B Ratio of 7.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of HOYA have been sold short.

Short Interest Ratio / Days to Cover

HOYA has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in HOYA has recently increased by 117.95%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

HOYA has a dividend yield of 0.43%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

HOYA does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of HOYA is 17.09%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, HOYA will have a dividend payout ratio of 14.66% next year. This indicates that HOYA will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of HOYA have been sold short.

Short Interest Ratio / Days to Cover

HOYA has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in HOYA has recently increased by 117.95%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

HOYA has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for HOYA this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, HOYA insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.12% of the stock of HOYA is held by institutions.

HOCPY Stock Analysis - Frequently Asked Questions

How have HOCPY shares performed this year?

HOYA's stock was trading at $124.52 at the beginning of 2024. Since then, HOCPY stock has increased by 6.9% and is now trading at $133.14.
View the best growth stocks for 2024 here.

How were HOYA's earnings last quarter?

HOYA Co. (OTCMKTS:HOCPY) issued its earnings results on Thursday, August, 1st. The technology company reported $0.86 earnings per share for the quarter. The technology company earned $1.37 billion during the quarter. HOYA had a net margin of 23.32% and a trailing twelve-month return on equity of 20.72%.

Does HOYA have any subsidiaries?

The following companies are subsidiaries of HOYA: DAEJEON DAEMYUNG OPTICAL (HANGZHOU) CO. LTD., HOEV CO. LTD., HOYA CORPORATION USA, HOYA ELECTRONICS KOREA CO. LTD., HOYA ELECTRONICS MALAYSIA SDN.BHD., HOYA ELECTRONICS SINGAPORE PTE. LTD., HOYA FINANCE B.V., and more.

How do I buy shares of HOYA?

Shares of HOCPY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/01/2024
• Today: 10/17/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Medical
• Industry: Medical Instruments & Supplies
• Sub-Industry: Personal Services
• Current Symbol: OTCMKTS:HOCPY
• CUSIP: N/A
• CIK: N/A
• Web: www.hoya.co.jp
• Phone: (136) 911-4811
• Fax: N/A
• Employees: 35,702
• Year Founded: 1941

Profitability

• EPS (Most Recent Fiscal Year): $3.57
• Trailing P/E Ratio: 36.58
• Forward P/E Ratio: 36.18
• P/E Growth: 2.77
• Net Income: $1.26 billion
• Net Margins: 23.32%
• Pretax Margin: N/A
• Return on Equity: 20.72%
• Return on Assets: 16.44%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 5.14
• Quick Ratio: 4.43

Sales & Book Value

• Annual Sales: $5.49 billion
• Price / Sales: 8.51
• Cash Flow: $4.18 per share
• Price / Cash Flow: 31.82
• Book Value: $17.09 per share
• Price / Book: 7.79

Miscellaneous

• Outstanding Shares: 350,959,000
• Free Float: N/A
• Market Cap: $46.73 billion
• Optionable: Not Optionable
• Beta: 0.84