West Japan Railway (OTCMKTS:WJRYY) Shares Gap Down – What’s Next?

West Japan Railway (OTCMKTS:WJRYY)’s stock price gapped down before the market opened on Tuesday. The stock had previously closed at $19.45, but opened at $18.68. West Japan Railway shares last traded at $18.68, with a volume of 469 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of West Japan Railway from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

West Japan Railway Trading Up 3.9%

The firm’s 50 day simple moving average is $18.83 and its 200-day simple moving average is $18.25. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $8.86 billion, a PE ratio of 11.64 and a beta of 0.13.

West Japan Railway (OTCMKTS:WJRYY) last issued its earnings results on Wednesday, August 5th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.06. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.66 billion. West Japan Railway had a return on equity of 9.37% and a net margin of 6.41%.West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. As a group, equities research analysts anticipate that West Japan Railway will post 1.43 EPS for the current year.

West Japan Railway Company Profile

West Japan Railway Co, known as JR West, is a Japanese passenger railway company formed in 1987 following the breakup and privatization of Japanese National Railways. Headquartered in Osaka, the company serves western Japan, with a network covering major urban and regional areas in the Kansai, Chugoku and Hokuriku regions.

JR West operates conventional commuter and intercity rail services, as well as the Sanyo Shinkansen connecting Shin-Osaka with Hakata and the Hokuriku Shinkansen in western Japan.