Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $44.42, but opened at $47.11. Yaskawa Electric shares last traded at $47.35, with a volume of 2,083 shares changing hands.
Analysts Set New Price Targets
A number of brokerages have recently commented on YASKY. The Goldman Sachs Group downgraded Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 20th. Zacks Research began coverage on Yaskawa Electric in a report on Friday, October 30th. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.
Get Our Latest Research Report on YASKY
Yaskawa Electric Stock Performance
The firm’s fifty day simple moving average is $55.72 and its 200 day simple moving average is $66.43. The company has a market capitalization of $6.08 billion, a price-to-earnings ratio of 26.65 and a beta of 1.63. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.42 and a quick ratio of 1.31.
Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last released its earnings results on Friday, October 9th. The technology company reported $0.65 earnings per share for the quarter. The business had revenue of $912.69 million for the quarter. Yaskawa Electric had a net margin of 6.32% and a return on equity of 7.19%. On average, sell-side analysts forecast that Yaskawa Electric Corp. will post 2.31 EPS for the current year.
Yaskawa Electric Company Profile
Yaskawa Electric Corporation is a Japanese manufacturer of industrial automation and control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves customers in manufacturing and other industries around the world. Its products include AC drives, servo motors and controllers, and industrial robots. Yaskawa also provides automation systems and related technologies designed to help businesses control machinery, improve production processes, and automate tasks such as material handling, welding, and assembly.
Recommended Stories
- Five stocks we like better than Yaskawa Electric
- Fox’s $22 Billion Roku Acquisition Reshapes Its Streaming Business
- DraftKings Just Lost 20%—And Its Biggest Gamble Is Still Ahead
- Barrick’s Earnings Beat Could Be Overshadowed by an Even Bigger Opportunity
- Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings?
Receive News & Ratings for Yaskawa Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yaskawa Electric and related companies with MarketBeat.com's FREE daily email newsletter.
