Tokyo Electron Limited to Post Q3 2021 Earnings of $0.80 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:TOELY)

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Tokyo Electron Limited (OTCMKTS:TOELY) – Equities researchers at Jefferies Financial Group issued their Q3 2021 earnings per share estimates for Tokyo Electron in a note issued to investors on Tuesday, January 12th. Jefferies Financial Group analyst M. Nakanomyo expects that the company will earn $0.80 per share for the quarter. Jefferies Financial Group also issued estimates for Tokyo Electron’s Q4 2021 earnings at $1.09 EPS, FY2021 earnings at $3.61 EPS and FY2023 earnings at $4.59 EPS.

Other analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Tokyo Electron from a “buy” rating to a “hold” rating in a report on Thursday, October 15th. JPMorgan Chase & Co. cut Tokyo Electron from an “overweight” rating to a “neutral” rating in a research report on Tuesday, December 15th.

Shares of TOELY stock opened at $102.62 on Thursday. The firm has a market capitalization of $64.53 billion, a price-to-earnings ratio of 38.15 and a beta of 1.09. The firm’s 50 day moving average is $89.83 and its 200-day moving average is $72.97. Tokyo Electron has a 1 year low of $36.42 and a 1 year high of $103.60.

Tokyo Electron Company Profile

Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, distributes, and sells semiconductor and flat panel display (FPD) production equipment in Japan, North America, Europe, South Korea, Taiwan, China, and internationally. The company's Semiconductor Production Equipment segment offers coaters/developers, plasma etch systems, and single wafer deposition systems and cleaning systems used in wafer processing; wafer probers used in wafer testing process; and wafer bonders/debonders used in packaging processes.

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Earnings History and Estimates for Tokyo Electron (OTCMKTS:TOELY)

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