Toray Industries Inc. (OTCMKTS:TRYIY – Get Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 51,732 shares, an increase of 135.4% from the May 14th total of 21,977 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 63,459 shares, the short-interest ratio is currently 0.8 days.
Analyst Ratings Changes
Separately, Smbc Nikko Sec. raised Toray Industries to a “strong-buy” rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.
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Toray Industries Trading Up 1.6%
Toray Industries (OTCMKTS:TRYIY – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. Toray Industries had a return on equity of 4.22% and a net margin of 3.06%.The firm had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. Sell-side analysts expect that Toray Industries will post 0.79 earnings per share for the current year.
About Toray Industries
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.
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