Fanuc (OTCMKTS:FANUY) Shares Gap Up - What's Next?

Key Points

• Fanuc shares gapped up pre-market, opening at $19.67 after a $18.69 close and last trading at $19.80 on light volume (~11,463 shares).
• The company missed quarterly EPS estimates by $0.01 (reported $0.13 vs. $0.14 expected) while reporting $1.36 billion in revenue; analysts still forecast about $0.46 EPS for the current fiscal year.
• Valuation and technicals: market cap ~$39.05B, PE 34.27 and PEG 2.56, with the stock sitting just above its 50‑day SMA ($19.77) and well above its 200‑day SMA ($18.29).

Fanuc Corp. (OTCMKTS:FANUY - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $18.69, but opened at $19.67. Fanuc shares last traded at $19.80, with a volume of 11,463 shares traded.

Fanuc Price Performance

The business has a 50-day simple moving average of $19.77 and a 200 day simple moving average of $18.29. The firm has a market cap of $39.05 billion, a PE ratio of 34.27, a PEG ratio of 2.56 and a beta of 0.80.

Fanuc (OTCMKTS:FANUY - Get Free Report) last issued its quarterly earnings results on Monday, January 26th. The industrial products company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.01). The company had revenue of $1.36 billion during the quarter, compared to analysts' expectations of $210.35 billion. Fanuc had a return on equity of 9.14% and a net margin of 19.36%. On average, equities analysts forecast that Fanuc Corp. will post 0.46 earnings per share for the current fiscal year.

About Fanuc

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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