Yaskawa Electric (OTCMKTS:YASKY) Reaches New 12-Month High – What’s Next?

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $65.88 and last traded at $65.88, with a volume of 5130 shares changing hands. The stock had previously closed at $63.10.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Zacks Research raised shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Yaskawa Electric to a “buy” rating in a research note on Monday, November 24th. Nomura Securities upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. The Goldman Sachs Group raised shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a research note on Monday, October 13th. Finally, UBS Group raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Yaskawa Electric Stock Performance

The firm has a market capitalization of $8.52 billion, a PE ratio of 34.38 and a beta of 1.01. The company has a current ratio of 2.26, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11. The firm’s fifty day moving average price is $57.25 and its 200 day moving average price is $49.23.

Yaskawa Electric (OTCMKTS:YASKY) last released its quarterly earnings data on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. Yaskawa Electric had a net margin of 6.86% and a return on equity of 8.26%. The company had revenue of $892.43 million during the quarter. On average, research analysts anticipate that Yaskawa Electric Corp. will post 3.02 earnings per share 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.