Toray Industries (OTCMKTS:TRYIY) Raised to Hold at Zacks Research

Toray Industries (OTCMKTS:TRYIY) was upgraded by research analysts at Zacks Research to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Separately, Smbc Nikko Sec. upgraded Toray Industries to a “strong-buy” rating in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Toray Industries Stock Up 0.4%

Shares of TRYIY stock opened at $14.73 on Tuesday. Toray Industries has a 12 month low of $11.70 and a 12 month high of $17.51. The firm has a market cap of $11.08 billion, a PE ratio of 21.04 and a beta of 0.49. The stock has a 50 day moving average of $14.25 and a 200-day moving average of $14.34. The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 0.27.

Toray Industries (OTCMKTS:TRYIY) last issued its earnings results on Wednesday, May 13th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. The business had revenue of $4.22 billion during the quarter, compared to analyst estimates of $4.28 billion. Toray Industries had a return on equity of 4.22% and a net margin of 3.06%.Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. On average, equities analysts predict that Toray Industries will post 0.79 EPS for the current year.

About Toray Industries

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.