Fanuc (OTCMKTS:FANUY) Sets New 12-Month High - Time to Buy?

Key Points

• Stock momentum: Fanuc hit a new 52-week high, trading as high as $23.00 and last at $22.49 (up about 6.8%) on a volume of 468,607 shares.
• Fundamentals beat estimates: The company reported quarterly EPS of $0.17 versus a $0.13 consensus and revenue of $1.47 billion, with a net margin of 19.41% and ROE of 9.24%.
• Valuation and technicals: Market cap is $44.19 billion, PE 38.12 and PEG 2.87, while the 50-day and 200-day moving averages are $19.55 and $18.82 respectively.

Fanuc Corp. (OTCMKTS:FANUY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $23.00 and last traded at $22.49, with a volume of 468607 shares changing hands. The stock had previously closed at $21.05.

Fanuc Trading Up 6.8%

The company has a market capitalization of $44.19 billion, a PE ratio of 38.12, a PEG ratio of 2.87 and a beta of 0.80. The firm's 50-day simple moving average is $19.55 and its 200-day simple moving average is $18.82.

Fanuc (OTCMKTS:FANUY - Get Free Report) last released its quarterly earnings data on Friday, April 24th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $224.28 billion. Fanuc had a net margin of 19.41% and a return on equity of 9.24%. As a group, analysts anticipate that Fanuc Corp. will post 0.64 EPS for the current year.

Fanuc Company Profile

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC's product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.

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