1871.T at JPY 2863.00 on 03 Jan 2026 intraday: we flag JPY 2994.56 upside
PS Construction Co., Ltd. (1871.T) is trading at JPY 2863.00 intraday on 03 Jan 2026 after an early uptick; volume stands at 111700 shares and the session high is JPY 2896.00. The 1871.T stock move comes as investors parse solid trailing metrics—EPS JPY 189.24 and a trailing PE of 15.13—against a 50-day average of JPY 2319.90. We examine why the Engineering & Construction name is among today’s top gainers on the JPX and what technical, fundamental, and sector cues mean for short- and medium-term targets.
Intraday price action and drivers
PS Construction Co., Ltd. (1871.T) opened at JPY 2843.00 and is trading at JPY 2863.00 with a day low of JPY 2820.00 and day high of JPY 2896.00. Volume of 111700 is below the 30-day average of 175848, suggesting selective buying. The immediate price move connects to continued investor interest in precast and bridge-related infrastructure orders and stronger margin trends reported in FY2024.
Valuation snapshot vs. Industrials sector
1871.T carries a PE of 15.13 and EPS of JPY 189.24 while market capitalisation is JPY 133889606459.00. Price-to-sales is 0.93 and price-to-book is 2.22, versus the Industrials sector average PE of 17.45 and average PS of 0.98, indicating PS Construction trades at a modest valuation discount to peers on the JPX.
Fundamentals and balance-sheet strength
Key metrics show book value per share JPY 1287.35, cash per share JPY 255.48, and debt-to-equity 0.36. Return on equity is 15.24% and interest coverage stands at 52.91, underscoring low leverage and strong earnings conversion for an Engineering & Construction business operating domestically and internationally.
Technical picture and near-term targets
Momentum indicators are constructive: RSI 67.38 and ADX 56.69 signal a strong intraday trend. Bollinger upper band sits at JPY 3030.78 while the Keltner upper channel is JPY 2894.15; a break above today’s high toward JPY 2960.00 (year high) and JPY 3030.78 would confirm broader upside. Short-term support is near the 50-day average JPY 2319.90.
Meyka grade and analyst-style view
Meyka AI rates 1871.T with a score out of 100: 80.42 (Grade A, BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade reflects robust FY2024 growth—net income up 62.58% year-over-year—and solid capital metrics, but it is not investment advice.
Forecasts and price targets
Meyka AI’s forecast model projects a five-year price of JPY 2994.56 compared with the current price JPY 2863.00, implying upside of 4.60%. Nearer-term model outputs include a monthly projection JPY 2842.03 and quarterly JPY 2771.81. Given current momentum, realistic price targets are JPY 2960.00 (near-term resistance) and JPY 3030.00 (technical extension). Forecasts are model-based projections and not guarantees. For live market data see Yahoo Finance company page and broader market context on Yahoo Finance.
Final Thoughts
1871.T stock is among today’s intraday top gainers on the JPX with a trade price of JPY 2863.00 on 03 Jan 2026 and session strength driven by healthier margins and order flow in precast and bridge projects. Valuation looks reasonable — PE 15.13 and P/S 0.93 — versus the Industrials sector PE 17.45, giving investors an earnings cushion at current levels. Technical indicators point to further upside if the stock clears today’s high and the Bollinger upper band near JPY 3030.78. Meyka AI’s model projects a five-year level of JPY 2994.56, an implied upside of 4.60% versus JPY 2863.00, and presents a balanced case for continued accumulation on pullbacks; forecasts are model-based projections and not guarantees. Our coverage highlights durable fundamentals (ROE 15.24%, interest coverage 52.91) and manageable leverage (debt-to-equity 0.36), but investors should monitor receivables days (232.27) and execution risk on large infrastructure contracts. As an AI-powered market analysis platform, Meyka provides these data points to inform further research, not as personal investment advice.
FAQs
Intraday gains reflect stronger margin trends, steady order flow in precast and bridge projects, and positive technical momentum; session high reached JPY 2896.00 on volume of 111700 shares, below the 30-day average.
PS Construction trades at PE 15.13 and P/S 0.93 versus the Industrials sector PE 17.45 and PS 0.98, indicating a modest valuation discount relative to JPX peers.
Near-term resistance is JPY 2960.00 (year high) and technical extension toward JPY 3030.00; Meyka AI’s five-year forecast is JPY 2994.56, implying about 4.60% upside from JPY 2863.00.
Key risks include contract execution on large infrastructure projects, long days sales outstanding (232.27), and sensitivity to public infrastructure spending; macro slowdowns could pressure margins and backlog.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
