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

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $61.47, but opened at $66.56. Yaskawa Electric shares last traded at $66.56, with a volume of 262 shares.

Analyst Upgrades and Downgrades

YASKY has been the subject of several recent research reports. UBS Group raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Deutsche Bank Aktiengesellschaft upgraded Yaskawa Electric to a “buy” rating in a research note on Monday, November 24th. Zacks Research upgraded shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. Nomura Securities raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Finally, 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. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Yaskawa Electric presently has a consensus rating of “Buy”.

Yaskawa Electric Trading Up 2.5%

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 50-day moving average price of $57.46 and a two-hundred day moving average price of $49.35. The stock has a market cap of $8.72 billion, a PE ratio of 35.21 and a beta of 1.01.

Yaskawa Electric (OTCMKTS:YASKY) last announced its quarterly earnings results on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. The company had revenue of $892.43 million during the quarter. Yaskawa Electric had a return on equity of 8.26% and a net margin of 6.86%. Sell-side analysts forecast that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal 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.