Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up – Should You Buy?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) shares gapped up prior to trading on Friday . The stock had previously closed at $38.92, but opened at $40.32. Tokio Marine shares last traded at $38.50, with a volume of 11,802 shares changing hands.

Wall Street Analysts Forecast Growth

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

Tokio Marine Stock Performance

The company has a fifty day moving average of $38.93 and a two-hundred day moving average of $39.42. The firm has a market capitalization of $73.74 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 0.63 and a beta of 0.15. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.05 and a current ratio of 0.04.

Tokio Marine (OTCMKTS:TKOMY) last issued its quarterly earnings data on Friday, February 13th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. Tokio Marine had a return on equity of 15.71% and a net margin of 9.29%.The firm had revenue of $15.11 billion for the quarter, compared to analyst estimates of $12.87 billion. As a group, equities research analysts predict that Tokio Marine Holdings Inc. will post 3.51 earnings per share 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.