PT Astra International Tbk (PTAIY) to Announce Earnings on Thursday

PT Astra International Tbk (OTCMKTS:PTAIY) is anticipated to issue its resultson Thursday, July 23rd. Analysts expect the company to announce earnings of $0.2171 per share and revenue of $4.5166 billion for the quarter.

PT Astra International Tbk Price Performance

PTAIY stock opened at $5.71 on Wednesday. The stock has a market capitalization of $11.56 billion and a P/E ratio of 0.00. The business has a 50-day moving average of $5.74 and a 200-day moving average of $7.01. PT Astra International Tbk has a fifty-two week low of $5.02 and a fifty-two week high of $8.79.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research note on Friday, June 12th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, PT Astra International Tbk presently has an average rating of “Sell”.

PT Astra International Tbk Company Profile

PT Astra International Tbk is a leading Indonesian diversified conglomerate with interests spanning automotive, financial services, heavy equipment, agribusiness, infrastructure, logistics, information technology, and property. Founded in 1957 and headquartered in Jakarta, the company established itself early as the exclusive distributor of Toyota vehicles in Indonesia, a relationship that remains a cornerstone of its automotive business. Over the decades, Astra has expanded its product and service offerings through strategic partnerships and joint ventures with global firms, solidifying its position in several key sectors of the Indonesian economy.

The company’s automotive segment encompasses the distribution and retail of passenger cars, commercial vehicles, motorcycles, and component manufacturing.