Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Still a Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $59.76, but opened at $62.70. Yaskawa Electric shares last traded at $61.15, with a volume of 627 shares.

Analyst Ratings Changes

Several brokerages have recently commented on YASKY. The Goldman Sachs Group raised shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a report on Monday, October 13th. Deutsche Bank Aktiengesellschaft upgraded shares of Yaskawa Electric to a “buy” rating in a research report on Monday, November 24th. UBS Group raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Zacks Research raised shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. Finally, Nomura Securities raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Two research 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 MarketBeat.com, Yaskawa Electric presently has a consensus rating of “Buy”.

Yaskawa Electric Stock Up 2.5%

The firm has a market cap of $7.93 billion, a price-to-earnings ratio of 20.45 and a beta of 1.04. 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 50 day moving average of $56.12 and a 200 day moving average of $47.79.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings results on Friday, October 3rd. The technology company reported $0.59 EPS for the quarter. Yaskawa Electric had a net margin of 10.72% and a return on equity of 13.12%. The business had revenue of $914.02 million during the quarter. As a group, sell-side analysts predict that Yaskawa Electric Corp. will post 3.02 earnings per share for the current year.

Yaskawa Electric Company Profile

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.