Should I buy or sell Sumitomo Electric Industries stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Electric Industries in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SMTOY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMTOY, but not buy additional shares or sell existing shares. View SMTOY analyst ratings or view top-rated stocks .

How have SMTOY shares performed in 2024?

Sumitomo Electric Industries' stock was trading at $12.62 at the start of the year. Since then, SMTOY shares have increased by 20.6% and is now trading at $15.22. View the best growth stocks for 2024 here .

Are investors shorting Sumitomo Electric Industries?

Sumitomo Electric Industries saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,800 shares, an increase of 65.7% from the March 15th total of 3,500 shares. Based on an average daily volume of 22,100 shares, the days-to-cover ratio is presently 0.3 days. View Sumitomo Electric Industries' Short Interest .

Is Sumitomo Electric Industries a good dividend stock?

Sumitomo Electric Industries (OTCMKTS:SMTOY) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 1.33%. This payout ratio is at a healthy, sustainable level, below 75%.

How do I buy shares of Sumitomo Electric Industries?

Shares of SMTOY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:SMTOY

Sumitomo Electric Industries (SMTOY) Stock Price, News & Analysis

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$15.22

-0.30 (-1.93%)

(As of 04/18/2024 ET)

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Today's Range: $15.22
▼
$15.98
50-Day Range: $13.92
▼
$16.00
52-Week Range: $10.24
▼
$16.33

Volume: 3,369 shs
Average Volume: 13,322 shs
Market Capitalization: N/A

P/E Ratio: 1.01
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Financials SEC Filings Short Interest

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About Sumitomo Electric Industries Stock (OTCMKTS:SMTOY)

Sumitomo Electric Industries, Ltd. manufactures and sells electric wires and cables worldwide. It operates through Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others segments. The company offers wiring harnesses and electrical components; steel cords for tire reinforcement; steel wires for springs; wiring materials; optical lenses for infrared devices; abrasion-resistant parts/materials; heat shrink and heat-resistant tubing/tapes; magnet and aluminum bars/wires; products for electronic devices; sintered parts; and EV quick-charger connector assemblies. It also provides fiber optics products; fusion splicer and accessories; data center solutions; intelligent transport systems; remote monitoring systems; NanoPlug series; CATV systems; set top boxes; optical transceiver modules, and optical and wireless devices; AirMT, non-contact multi-fiber interconnects; and low profile fiber-array for silicon photonics. In addition, the company offers electronic wires; flexible printed circuits; heat-shrinkable tubings; cladded/plated and electroplated wires; spiral shielded and electronic wires; cross linked fluorine resins; coaxial cables; flat components; plated and alloy wires; abrasion-resistant parts/materials; and RGB laser modules. Further, it provides various energy and environment systems; products for railway and transport machinery; steel wires for springs; abrasion-resistant parts/materials; magnet wires; diamond/CBN grinding wheels; PC steel wires and high-strength shear reinforcement; drills/endmills; CBN/PCD; milling and turning tools; laser optics; and magnesium alloy parts. The company was formerly known as Sumitomo Electric Wire & Cable Works and changed its name to Sumitomo Electric Industries, Ltd. in 1939. The company was founded in 1897 and is headquartered in Osaka, Japan.

SMTOY Stock Price History

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SMTOY Stock News Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Consumer Cyclical
Industry: Auto Parts
Sub-Industry: N/A
Current Symbol: OTCMKTS:SMTOY
CUSIP: N/A
CIK: 95227
Web: www.sei.co.jp
Phone: (166) 220-4141
Fax: N/A
Employees: 289,191
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 1.01
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Masayoshi Matsumoto (Age 80)
Chairman & CEO
Comp: $964.62k
Mr. Osamu Inoue (Age 72)
President, COO & Director
Comp: $805.39k
Mr. Akira Nishimura (Age 66)
Senior MD, GM of R&D Unit and Director
Mr. Mitsuo Nishida (Age 76)
Executive VP, GM of Automotive Business Division & Director
Mr. Yasuhiro Miyata (Age 63)
MD, GM of Electronics Sales Unit & Director
Mr. Masaki Shirayama (Age 63)
MD, GM of Electric Wire & Cable of Energy Business Unit and Director
Mr. Shigeru Nakajima (Age 65)
MD, GM of Semiconductor innovation business Unit & Director
Mr. Hideo Hato (Age 67)
Senior MD, GM of New Buss Dev. Unit, Deputy GM of Automotive Bus of Systems & Elect Div and Director
Yoshiyuki Ogata
Managing Executive Officer
Mr. Toshiyuki Sahashi (Age 64)
MD, Deputy GM of Advanced Materials Business Unit & Director

Key Competitors

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SMTOY Stock Analysis - Frequently Asked Questions

Should I buy or sell Sumitomo Electric Industries stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Electric Industries in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SMTOY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMTOY, but not buy additional shares or sell existing shares.
View SMTOY analyst ratings or view top-rated stocks.
How have SMTOY shares performed in 2024?: Sumitomo Electric Industries' stock was trading at $12.62 at the start of the year. Since then, SMTOY shares have increased by 20.6% and is now trading at $15.22.
View the best growth stocks for 2024 here.
Are investors shorting Sumitomo Electric Industries?: Sumitomo Electric Industries saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,800 shares, an increase of 65.7% from the March 15th total of 3,500 shares. Based on an average daily volume of 22,100 shares, the days-to-cover ratio is presently 0.3 days.
View Sumitomo Electric Industries' Short Interest.

Is Sumitomo Electric Industries a good dividend stock?: Sumitomo Electric Industries (OTCMKTS:SMTOY) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 1.33%. This payout ratio is at a healthy, sustainable level, below 75%.
How do I buy shares of Sumitomo Electric Industries?: Shares of SMTOY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:SMTOY) was last updated on 4/19/2024 by MarketBeat.com Staff

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