PT Astra International Tbk (PTAIY) Expected to Release Earnings on Thursday

PT Astra International Tbk (OTCMKTS:PTAIY) is expected to be posting its resultson Thursday, July 23rd. Analysts expect PT Astra International Tbk to post earnings of $0.2171 per share and revenue of $4.5166 billion for the quarter.

PT Astra International Tbk Price Performance

Shares of PTAIY opened at $5.66 on Tuesday. The firm has a 50 day simple moving average of $5.76 and a 200-day simple moving average of $7.03. PT Astra International Tbk has a 1-year low of $5.02 and a 1-year high of $8.79. The stock has a market cap of $11.46 billion and a price-to-earnings ratio of 0.00.

Wall Street Analyst Weigh In

Separately, Zacks Research cut PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a report on Friday, June 12th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, PT Astra International Tbk presently has an average rating of “Sell”.

About PT Astra International Tbk

PT Astra International Tbk is a leading Indonesian diversified conglomerate with interests spanning automotive, financial services, heavy equipment, agribusiness, infrastructure, logistics, information technology, and property. Founded in 1957 and headquartered in Jakarta, the company established itself early as the exclusive distributor of Toyota vehicles in Indonesia, a relationship that remains a cornerstone of its automotive business. Over the decades, Astra has expanded its product and service offerings through strategic partnerships and joint ventures with global firms, solidifying its position in several key sectors of the Indonesian economy.

The company’s automotive segment encompasses the distribution and retail of passenger cars, commercial vehicles, motorcycles, and component manufacturing.