Yaskawa Electric (OTCMKTS:YASKY) Sets New 12-Month High – Time to Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $68.00 and last traded at $68.00, with a volume of 1349 shares changing hands. The stock had previously closed at $66.21.

Analysts Set New Price Targets

Several research firms have recently weighed in 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. UBS Group raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Nomura upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded Yaskawa Electric to a “buy” rating in a research report on Monday, November 24th. Two 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Yaskawa Electric Stock Up 4.4%

The company has a current ratio of 2.14, a quick ratio of 1.16 and a debt-to-equity ratio of 0.10. The business has a fifty day simple moving average of $61.97 and a two-hundred day simple moving average of $51.99. The company has a market cap of $8.89 billion, a PE ratio of 35.89 and a beta of 1.02.

Yaskawa Electric (OTCMKTS:YASKY) last issued its earnings results 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 8.18%. The business had revenue of $892.43 million during the quarter. As a group, equities research 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.