Tokio Marine (OTCMKTS:TKOMY) Cut to Strong Sell at Zacks Research

Zacks Research cut shares of Tokio Marine (OTCMKTS:TKOMY) from a hold rating to a strong sell rating in a report issued on Thursday,Zacks.com reports.

Separately, Wall Street Zen lowered shares of Tokio Marine from a “buy” rating to a “hold” rating in a research note on Thursday, November 27th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Tokio Marine currently has a consensus rating of “Reduce”.

Tokio Marine Stock Down 0.3%

TKOMY stock opened at $37.07 on Thursday. The company has a fifty day simple moving average of $37.06 and a 200 day simple moving average of $40.24. The firm has a market cap of $71.69 billion, a PE ratio of 13.58, a PEG ratio of 0.66 and a beta of 0.19. The company has a current ratio of 0.04, a quick ratio of 0.05 and a debt-to-equity ratio of 0.04. Tokio Marine has a 1 year low of $30.14 and a 1 year high of $46.23.

Tokio Marine (OTCMKTS:TKOMY) last released its earnings results on Wednesday, November 19th. The company reported $0.79 earnings per share for the quarter. The firm had revenue of $14.24 billion for the quarter. Tokio Marine had a return on equity of 15.81% and a net margin of 9.67%. Sell-side analysts anticipate that Tokio Marine will post 3.51 EPS for the current fiscal year.

Tokio Marine Company Profile

Tokio Marine is a Tokyo‑headquartered insurance group with roots in the late 19th century and is one of Japan’s largest insurers. The company operates through a network of subsidiaries and affiliates to provide a broad suite of insurance and risk‑management services. Tokio Marine’s operations encompass both life and non‑life insurance businesses and are organized to serve individual policyholders, commercial clients and institutional customers.

The group’s core products and services include property & casualty insurance—covering commercial and personal lines such as fire, automobile, marine and casualty—specialty insurance solutions, reinsurance and life and health insurance.