Fanuc Corp. (OTCMKTS:FANUY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $13.54, but opened at $12.81. Fanuc shares last traded at $13.08, with a volume of 15,090 shares changing hands.
Analysts Set New Price Targets
Separately, UBS Group upgraded Fanuc from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 20th.
View Our Latest Stock Report on Fanuc
Fanuc Price Performance
The firm has a market capitalization of $25.29 billion, a PE ratio of 24.28, a P/E/G ratio of 7.02 and a beta of 0.63. The company's fifty day simple moving average is $13.21 and its 200 day simple moving average is $13.55.
Fanuc (OTCMKTS:FANUY - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The industrial products company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $206.15 billion. Fanuc had a net margin of 18.55% and a return on equity of 8.57%. On average, analysts anticipate that Fanuc Corp. will post 0.46 earnings per share for the current fiscal year.
Fanuc Company Profile
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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.
Further Reading
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