Yaskawa Electric (OTCMKTS:YASKY) Issues Earnings Results

Yaskawa Electric (OTCMKTS:YASKY) issued its quarterly earnings data on Friday. The technology company reported $0.37 earnings per share for the quarter, Zacks reports. Yaskawa Electric had a net margin of 10.72% and a return on equity of 13.12%.

Yaskawa Electric Trading Down 1.6%

Shares of Yaskawa Electric stock opened at $62.84 on Friday. Yaskawa Electric has a fifty-two week low of $36.11 and a fifty-two week high of $65.49. The business’s fifty day moving average is $56.87 and its two-hundred day moving average is $48.82. The company has a quick ratio of 1.22, a current ratio of 2.26 and a debt-to-equity ratio of 0.11. The firm has a market cap of $8.15 billion, a PE ratio of 21.02 and a beta of 1.01.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on YASKY shares. Deutsche Bank Aktiengesellschaft upgraded shares of Yaskawa Electric to a “buy” rating in a research report on Monday, November 24th. The Goldman Sachs Group raised Yaskawa Electric from a “hold” rating to a “buy” rating in a report on Monday, October 13th. Nomura Securities upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report 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, UBS Group upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. 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 company. According to data from MarketBeat, the company presently has an average rating of “Buy”.

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.