Tokyo Electron (OTCMKTS:TOELY) Stock Rating Upgraded by Sanford C. Bernstein

Tokyo Electron (OTCMKTS:TOELYGet Free Report) was upgraded by equities research analysts at Sanford C. Bernstein to a “strong-buy” rating in a report issued on Monday, Zacks.com reports.

Tokyo Electron Price Performance

Shares of OTCMKTS:TOELY opened at $87.25 on Monday. The company has a market cap of $80.79 billion, a price-to-earnings ratio of 32.56 and a beta of 1.50. Tokyo Electron has a one year low of $63.84 and a one year high of $134.91. The firm has a 50 day simple moving average of $88.02 and a 200 day simple moving average of $104.80.

Tokyo Electron (OTCMKTS:TOELYGet Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.87 earnings per share for the quarter. Tokyo Electron had a return on equity of 24.79% and a net margin of 21.32%. The firm had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.12 billion. As a group, analysts expect that Tokyo Electron will post 3.23 EPS for the current year.

Tokyo Electron Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Tokyo Electron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tokyo Electron and related companies with MarketBeat.com's FREE daily email newsletter.