Japan Tob (OTCMKTS:JAPAY) Now Covered by BTIG Research

BTIG Research initiated coverage on shares of Japan Tob (OTCMKTS:JAPAY) in a research report sent to investors on Wednesday, Marketbeat.com reports. The firm issued a buy rating on the stock.

Separately, Zacks Research raised shares of Japan Tob from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Japan Tob presently has a consensus rating of “Hold” and a consensus price target of $17.00.

Japan Tob Stock Up 0.5%

Shares of OTCMKTS:JAPAY opened at $19.75 on Wednesday. The company’s fifty day moving average is $19.10 and its two-hundred day moving average is $18.78. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.31 and a current ratio of 1.88. Japan Tob has a 1-year low of $14.20 and a 1-year high of $20.68. The stock has a market capitalization of $70.13 billion, a price-to-earnings ratio of 19.75 and a beta of 0.29.

Japan Tob (OTCMKTS:JAPAY) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.30 by $0.05. The business had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.69 billion. Equities analysts anticipate that Japan Tob will post 1.11 EPS for the current year.

Japan Tob Company Profile

Japan Tobacco Inc (OTC: JAPAY) is a Tokyo-based multinational company primarily engaged in the manufacture and sale of tobacco products. The company’s core activities include the development, production and distribution of cigarettes and other nicotine-delivery products for domestic and international markets. Japan Tobacco also pursues business activities beyond tobacco, including pharmaceutical and processed‑food operations through subsidiary units and strategic investments.

In its tobacco operations the company serves both the Japanese market and a broad international footprint through its global operating arm, Japan Tobacco International (JTI).