Jefferies Financial Group Comments on Topcon Co.’s FY2023 Earnings (OTCMKTS:TOPCF)

Topcon Co. (OTCMKTS:TOPCFGet Rating) – Research analysts at Jefferies Financial Group lowered their FY2023 earnings per share (EPS) estimates for Topcon in a research report issued to clients and investors on Tuesday, August 2nd. Jefferies Financial Group analyst M. Nakanomyo now anticipates that the company will earn $0.94 per share for the year, down from their prior forecast of $0.96. The consensus estimate for Topcon’s current full-year earnings is $0.96 per share.

Topcon Price Performance

Shares of Topcon stock opened at $13.80 on Friday. The business has a 50 day simple moving average of $13.60 and a two-hundred day simple moving average of $13.10. Topcon has a 12 month low of $10.72 and a 12 month high of $19.12. The stock has a market capitalization of $1.45 billion, a P/E ratio of 15.33 and a beta of 1.15. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.86 and a quick ratio of 1.21.

Topcon Company Profile

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Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products worldwide. It offers 3d oct, retinal camera, slit lamps, auto refractometer, auto kerato-refractometer, tonometer, specular microscope, photocoagulator, operation microscope, vision tester, lensmeter, and chart projector, as well as IMAGEnet, an ophthalmic data system; and crop analysis, data management, guidance and autosteering, weighing and measurement, mapping, implement control, and feed management products.

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Earnings History and Estimates for Topcon (OTCMKTS:TOPCF)

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