Yaskawa Electric (OTCMKTS:YASKY) Sets New 12-Month High – Here’s What Happened
by Teresa Graham · The Cerbat GemShares of Yaskawa Electric Corp. (OTCMKTS:YASKY – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $65.2480 and last traded at $65.2480, with a volume of 592 shares traded. The stock had previously closed at $64.3160.
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Yaskawa Electric to a “buy” rating in a report on Monday, November 24th. UBS Group raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Nomura Securities raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Zacks Research upgraded shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 18th. Finally, The Goldman Sachs Group upgraded shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a report on Monday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.
View Our Latest Research Report on YASKY
Yaskawa Electric Stock Performance
The company has a debt-to-equity ratio of 0.11, a current ratio of 2.26 and a quick ratio of 1.22. The stock has a market capitalization of $8.36 billion, a PE ratio of 21.57 and a beta of 1.01. The firm has a fifty day moving average price of $56.39 and a two-hundred day moving average price of $48.46.
Yaskawa Electric (OTCMKTS:YASKY – Get Free Report) last announced its quarterly earnings data on Friday, October 3rd. The technology company reported $0.59 EPS for the quarter. Yaskawa Electric had a return on equity of 13.12% and a net margin of 10.72%.The company had revenue of $914.02 million for the quarter. Research analysts expect that Yaskawa Electric Corp. will post 3.02 EPS for the current year.
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.