Yaskawa Electric (OTCMKTS:YASKY) Upgraded to “Strong-Buy” at Citigroup

Citigroup upgraded shares of Yaskawa Electric (OTCMKTS:YASKY) from a hold rating to a strong-buy rating in a report published on Monday morning,Zacks.com reports.

Separately, Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a report on Monday, April 13th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy”.

Yaskawa Electric Price Performance

OTCMKTS YASKY opened at $87.75 on Monday. Yaskawa Electric has a one year low of $37.53 and a one year high of $87.90. The stock has a 50-day moving average of $62.46 and a 200 day moving average of $61.33. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.36 and a current ratio of 2.47. The company has a market capitalization of $11.38 billion, a price-to-earnings ratio of 48.48 and a beta of 1.37.

Yaskawa Electric (OTCMKTS:YASKY) last posted its earnings results on Friday, April 10th. The technology company reported $0.48 earnings per share (EPS) for the quarter. Yaskawa Electric had a net margin of 6.50% and a return on equity of 7.51%. The business had revenue of $941.89 million for the quarter.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japan‐based manufacturer of industrial automation equipment, specializing in motion control technology, robotics, and drive systems. The company designs and produces a range of products that include AC and DC servo motors, inverters, programmable logic controllers, welding robots and general-purpose industrial robots. Its offerings are used across diverse sectors such as automotive, electronics, food and beverage, pharmaceuticals, and logistics to improve productivity, precision and energy efficiency in manufacturing processes.

Founded in 1915 in Kitakyushu, Japan, Yaskawa Electric has evolved from a regional motor repair shop into a global provider of factory automation and mechatronic solutions.