Toyota Industries (TYIDY) Projected to Post Earnings on Tuesday

Toyota Industries (OTCMKTS:TYIDY) is expected to be releasing its resultson Tuesday, July 28th. Analysts expect the company to announce earnings of $2.18 per share and revenue of $6.5182 billion for the quarter.

Toyota Industries Stock Performance

Shares of OTCMKTS TYIDY opened at $127.51 on Friday. Toyota Industries has a 12-month low of $105.38 and a 12-month high of $136.11. The stock’s fifty day simple moving average is $126.45 and its two-hundred day simple moving average is $126.56. The stock has a market capitalization of $38.31 billion and a PE ratio of 0.37.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Toyota Industries to a “hold” rating in a research note on Monday, April 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock 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.