Streetbeat News

ITOCY

Itochu Corporation

https://www.itochu.co.jp/ja/

CEO

Masahiro Okafuji

Open

98.80

Mkt cap

69B

Volume

9.1K

High

98.74

P/E Ratio

12.01

52-wk high

116.50

Low

96.70

Div yield

0.02

52-wk low

79.12

Itochu's stock has underperformed recently but is still the best among peers due to less exposure to falling commodity prices. Despite a core profit growth shortfall, it is on track to meet its FY 2025 profit target, aided by extraordinary gains. Growth investments in 3Q are expected to boost future profits.

Portfolio Pulse from

February 07, 2025 | 4:15 pm

The article discusses whether Itochu (ITOCY) stock is currently undervalued, focusing on the Zacks Rank system which uses earnings estimates and revisions to identify strong stocks. The analysis also considers value, growth, and momentum trends.

Portfolio Pulse from

November 22, 2024 | 4:00 pm

Itochu has been downgraded due to its high valuation despite outperforming peers with a 21% fiscal year-to-date return. The company's diverse business mix and less reliance on commodities have been advantageous, but slow earnings growth and high valuation ratios make it vulnerable to pullbacks.

Portfolio Pulse from

November 07, 2024 | 12:30 pm

The article discusses whether Itochu (ITOCY) is a great value stock, focusing on the Zacks Rank system which emphasizes earnings estimates and revisions.

Portfolio Pulse from

November 06, 2024 | 4:00 pm

Global market turmoil originating in Japan caused a significant but temporary decline in Japanese stocks, impacting Warren Buffett's $20 billion investment in Japanese trading houses. Despite an initial 30% plunge, the market recovered most losses by the end of the week. Berkshire Hathaway's strategic shift includes selling half of its Apple stake and increasing U.S. Treasury holdings.

Portfolio Pulse from Benzinga Neuro

August 12, 2024 | 8:24 am

Coal prices are expected to rise in late summer and fall due to supply outages in Australia and the US. Key incidents include mine fires in Australia and West Virginia, and a lock and dam closure in Alabama. These disruptions will tighten supply, potentially benefiting coal producers like Anglo American, Peabody Energy, Warrior Met Coal, Alpha Metallurgical Resources, and Whitehaven Coal.

Portfolio Pulse from Matt Whittaker

July 22, 2024 | 6:31 pm

Blackstone Inc. (NYSE:BX) plans to invest $9.6 billion in Japan by 2027, citing accelerated growth in the Japanese economy. Other investment managers like Bain Capital, KKR & Co Inc (NYSE:KKR), and Berkshire Hathaway Inc (NYSE:BRK) are also focusing on Japan. The iShares MSCI Japan ETF (NYSE:EWJ) has seen a 9% rise in 2024.

Portfolio Pulse from Hayden Buckfire

June 10, 2024 | 7:28 pm

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