Fanuc Corp. (OTCMKTS:FANUY - Get Free Report) shares 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.
Wall Street Analysts Forecast Growth
Separately, UBS Group raised Fanuc from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 20th.
Get Our Latest Research Report on FANUY
Fanuc Stock Down 0.1%
The stock has a 50 day simple moving average of $13.21 and a 200 day simple moving average of $13.55. The company has a market cap of $25.27 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 6.67 and a beta of 0.63.
Fanuc (OTCMKTS:FANUY - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The industrial products company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.04. The company had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $206.15 billion. Fanuc had a net margin of 18.55% and a return on equity of 8.57%. As a group, equities research analysts expect that Fanuc Corp. will post 0.46 EPS for the current fiscal year.
About Fanuc
(
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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.
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