West Japan Railway (OTCMKTS:WJRYY) Upgraded to Strong-Buy at Zacks Research

West Japan Railway (OTCMKTS:WJRYY) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

West Japan Railway Stock Up 3.9%

Shares of OTCMKTS:WJRYY opened at $19.44 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 1.06. West Japan Railway has a 52-week low of $15.08 and a 52-week high of $23.85. The stock’s fifty day simple moving average is $18.83 and its 200-day simple moving average is $18.25. The company has a market capitalization of $8.86 billion, a P/E ratio of 11.64 and a beta of 0.13.

West Japan Railway (OTCMKTS:WJRYY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.06. The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.66 billion. West Japan Railway had a return on equity of 9.37% and a net margin of 6.41%.West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. As a group, equities research analysts forecast that West Japan Railway will post 1.43 earnings per share for the current fiscal year.

West Japan Railway Company Profile

West Japan Railway Co, known as JR West, is a Japanese passenger railway company formed in 1987 following the breakup and privatization of Japanese National Railways. Headquartered in Osaka, the company serves western Japan, with a network covering major urban and regional areas in the Kansai, Chugoku and Hokuriku regions.

JR West operates conventional commuter and intercity rail services, as well as the Sanyo Shinkansen connecting Shin-Osaka with Hakata and the Hokuriku Shinkansen in western Japan.