Tokyo Electron (OTCMKTS:TOELY – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 7.660-7.660 for the period. The company issued revenue guidance of $16.1 billion-$16.1 billion.
Tokyo Electron Stock Down 4.1 %
TOELY traded down $3.14 during trading on Thursday, hitting $73.46. 215,091 shares of the company traded hands, compared to its average volume of 174,079. The firm has a market cap of $67.68 billion, a P/E ratio of 24.09 and a beta of 1.52. Tokyo Electron has a one year low of $71.54 and a one year high of $134.91. The stock’s fifty day moving average is $81.26 and its 200 day moving average is $96.62.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein upgraded Tokyo Electron to a “strong-buy” rating in a research report on Monday, October 7th.
About Tokyo Electron
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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