Toyota Industries (TYIDY) Expected to Announce Earnings on Tuesday

Toyota Industries (OTCMKTS:TYIDY) is projected to post its resultson Tuesday, April 28th. Analysts expect Toyota Industries to post earnings of $0.1693 per share and revenue of $6.0937 billion for the quarter.

Toyota Industries Trading Down 1.1%

OTCMKTS TYIDY opened at $124.03 on Tuesday. The business’s 50-day moving average price is $128.64 and its two-hundred day moving average price is $119.68. Toyota Industries has a 12 month low of $89.32 and a 12 month high of $136.11. The firm has a market capitalization of $37.27 billion and a PE ratio of 0.37.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Toyota Industries to a “hold” rating in a research report on Monday, April 13th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Toyota Industries Company Profile

Toyota Industries Corporation, headquartered in Kariya, Aichi Prefecture, Japan, traces its origins to Sakichi Toyoda’s Toyoda Automatic Loom Works founded in 1926. As the founding member of the Toyota Group, it has grown from a textile machinery manufacturer into a diversified industrial and automotive supplier. Throughout its history, Toyota Industries has emphasized innovation, quality management and continuous improvement to expand its global footprint.

The company’s Material Handling Equipment segment, marketed under the Toyota Material Handling brand, is a leading producer of forklift trucks, warehouse vehicles and automated guided vehicles.