Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up – Time to Buy?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $41.20, but opened at $43.34. Tokio Marine shares last traded at $43.34, with a volume of 1,732 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts recently commented on TKOMY shares. Wall Street Zen downgraded shares of Tokio Marine from a “buy” rating to a “hold” rating in a research note on Thursday, November 27th. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Tokio Marine Stock Performance

The business has a fifty day moving average of $38.35 and a 200 day moving average of $39.64. The company has a market cap of $81.02 billion, a P/E ratio of 15.18, a P/E/G ratio of 0.73 and a beta of 0.17. The company has a quick ratio of 0.05, a current ratio of 0.04 and a debt-to-equity ratio of 0.04.

Tokio Marine (OTCMKTS:TKOMY) last issued its quarterly earnings data on Friday, February 13th. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. Tokio Marine had a net margin of 9.29% and a return on equity of 15.81%. The business had revenue of $15.11 billion for the quarter, compared to the consensus estimate of $12.87 billion. On average, equities analysts predict that Tokio Marine Holdings Inc. will post 3.51 EPS for the current year.

About Tokio Marine

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.