Zacks Research Upgrades Toray Industries (OTCMKTS:TRYIY) to “Hold”

Toray Industries (OTCMKTS:TRYIY) was upgraded by analysts at Zacks Research to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Smbc Nikko Sec. raised shares of Toray Industries to a “strong-buy” rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Toray Industries has a consensus rating of “Moderate Buy”.

Toray Industries Price Performance

Toray Industries stock opened at $14.73 on Tuesday. The firm has a 50-day moving average price of $14.25 and a 200-day moving average price of $14.34. The firm has a market capitalization of $11.08 billion, a PE ratio of 21.04 and a beta of 0.49. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27. Toray Industries has a 12-month low of $11.70 and a 12-month high of $17.51.

Toray Industries (OTCMKTS:TRYIY) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.25 by $0.09. The company had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.28 billion. Toray Industries had a net margin of 3.06% and a return on equity of 4.22%. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. As a group, equities research analysts forecast that Toray Industries will post 0.79 EPS for the current year.

Toray Industries Company Profile

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.