Asahi Glass (OTCMKTS:ASGLY) Updates FY 2026 Earnings Guidance

Asahi Glass (OTCMKTS:ASGLYGet Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.460-0.460 for the period, compared to the consensus estimate of 0.420. The company issued revenue guidance of $14.0 billion-$14.0 billion.

Asahi Glass Stock Performance

Shares of OTCMKTS ASGLY remained flat at $7.11 during midday trading on Wednesday. 2,773 shares of the company traded hands, compared to its average volume of 7,423. Asahi Glass has a one year low of $5.87 and a one year high of $10.69. The firm has a 50-day moving average of $8.46 and a 200-day moving average of $7.82. The company has a current ratio of 1.41, a quick ratio of 0.76 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $7.73 billion, a price-to-earnings ratio of 13.42 and a beta of 0.49.

Asahi Glass (OTCMKTS:ASGLYGet Free Report) last released its earnings results on Tuesday, May 12th. The company reported $0.14 EPS for the quarter. The company had revenue of $3.43 billion during the quarter. Asahi Glass had a return on equity of 5.02% and a net margin of 4.04%.Asahi Glass has set its FY 2026 guidance at 0.460-0.460 EPS. As a group, equities analysts expect that Asahi Glass will post 0.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Asahi Glass to a “hold” rating in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Asahi Glass presently has an average rating of “Hold”.

Read Our Latest Research Report on Asahi Glass

About Asahi Glass

(Get Free Report)

Asahi Glass Co, Ltd., operating under the global brand AGC Inc, is a leading manufacturer of glass, chemicals and high‐performance materials. The company’s core business includes architectural and automotive glass, display glass for liquid crystal displays and semiconductor fabrication equipment, as well as fluorochemicals, ceramics and specialty materials. Through these diverse product lines, Asahi Glass serves markets ranging from construction and automotive to electronics and chemical processing.

Founded in 1907 as Japan’s first sheet glass producer, Asahi Glass has grown into a multinational enterprise with operations spanning Asia, Europe, North America and beyond.

Further Reading

Receive News & Ratings for Asahi Glass Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asahi Glass and related companies with MarketBeat.com's FREE daily email newsletter.