Fanuc (OTCMKTS:FANUY) Sets New 1-Year High - Should You Buy?

Key Points

• Fanuc Corp. stock reached a new 52-week high of $15.65, although it closed slightly lower at $15.43 with a total volume of 17,721 shares traded.
• Analyst ratings for Fanuc have recently fluctuated, with HSBC Global Research downgrading it from "strong-buy" to "hold," while UBS upgraded it to "strong-buy."
• For its latest quarter, Fanuc reported $0.14 EPS, surpassing analyst expectations of $0.13, yet fell short on revenue with $1.34 billion compared to an estimate of $1.35 billion.

Fanuc Corp. (OTCMKTS:FANUY - Get Free Report)'s stock price hit a new 52-week high on Monday . The stock traded as high as $15.65 and last traded at $15.43, with a volume of 17721 shares traded. The stock had previously closed at $15.65.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FANUY. Hsbc Global Res lowered Fanuc from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 6th. UBS Group upgraded Fanuc from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 20th.

Fanuc Stock Down 0.8%

The business has a 50-day simple moving average of $13.72 and a two-hundred day simple moving average of $13.61. The stock has a market capitalization of $30.49 billion, a P/E ratio of 27.23, a PEG ratio of 4.07 and a beta of 0.65.

Fanuc (OTCMKTS:FANUY - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The industrial products company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. Fanuc had a return on equity of 9.10% and a net margin of 19.62%. On average, sell-side analysts forecast that Fanuc Corp. will post 0.46 earnings per share for the current year.

About Fanuc

FANUC Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.

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