Japan Tob (OTCMKTS:JAPAY) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Japan Tob (OTCMKTS:JAPAY) from a hold rating to a strong-buy rating in a report released on Thursday,Zacks reports.

Separately, BTIG Research initiated coverage on shares of Japan Tob in a research note on Wednesday, July 22nd. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Japan Tob presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

Japan Tob Trading Down 0.0%

OTCMKTS:JAPAY opened at $22.94 on Thursday. The company has a current ratio of 2.04, a quick ratio of 1.45 and a debt-to-equity ratio of 0.35. Japan Tob has a 1-year low of $16.74 and a 1-year high of $24.54. The firm has a market capitalization of $81.45 billion, a price-to-earnings ratio of 16.74, a PEG ratio of 1.48 and a beta of 0.28. The business’s 50-day moving average price is $22.33 and its two-hundred day moving average price is $19.97.

Japan Tob (OTCMKTS:JAPAY) last posted its earnings results on Thursday, October 29th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.02). The firm had revenue of $6.37 billion during the quarter, compared to the consensus estimate of $6.45 billion. On average, equities analysts expect that Japan Tob will post 1.16 earnings per share for the current year.

Japan Tob Company Profile

Japan Tobacco Inc is a Japan-based company engaged primarily in the manufacture and sale of tobacco products. Its portfolio includes cigarettes, heated tobacco products and other reduced-risk products, marketed under brands such as Winston, Camel, Mevius and LD in various markets.

The company also operates businesses in pharmaceutical products and processed foods. Its pharmaceutical operations focus on prescription medicines, while its food business provides products including frozen foods, seasonings and other processed food items.

Japan Tobacco traces its history to Japan’s former tobacco monopoly and was established in its current corporate form in 1985.