Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up – What’s Next?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $36.86, but opened at $41.42. Tokio Marine shares last traded at $40.7925, with a volume of 51,666 shares changing hands.

Analysts Set New Price Targets

TKOMY has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Wall Street Zen downgraded Tokio Marine from a “buy” rating to a “hold” rating in a research report on Thursday, November 27th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Tokio Marine presently has a consensus rating of “Hold”.

Tokio Marine Stock Up 7.4%

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.04 and a quick ratio of 0.05. The company has a market cap of $86.21 billion, a PE ratio of 16.15, a price-to-earnings-growth ratio of 0.66 and a beta of 0.15. The company has a fifty day moving average price of $39.14 and a 200 day moving average price of $38.97.

Tokio Marine (OTCMKTS:TKOMY) last announced its earnings results on Friday, February 13th. The company reported $0.75 earnings per share 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 15.71%. The business had revenue of $15.11 billion for the quarter, compared to the consensus estimate of $12.87 billion. As a group, analysts anticipate 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.