Tokyo Electron (OTCMKTS:TOELY - Get Free Report) was upgraded by investment analysts at Sanford C. Bernstein to a "strong-buy" rating in a research report issued on Monday, Zacks.com reports.
Tokyo Electron Stock Up 0.5 %
Shares of TOELY stock traded up $0.42 on Monday, hitting $87.67. The stock had a trading volume of 79,734 shares, compared to its average volume of 176,316. The business has a 50 day moving average price of $87.94 and a 200 day moving average price of $104.49. The company has a market cap of $81.18 billion, a PE ratio of 32.56 and a beta of 1.50. Tokyo Electron has a one year low of $64.30 and a one year high of $134.91.
Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.87 earnings per share for the quarter. Tokyo Electron had a return on equity of 24.79% and a net margin of 21.32%. The firm had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.12 billion. Equities research analysts expect that Tokyo Electron will post 3.23 EPS for the current year.
About Tokyo Electron
(
Get Free Report)
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.
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