Shares of Fanuc Corp. (OTCMKTS:FANUY - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.64 and traded as high as $14.58. Fanuc shares last traded at $14.52, with a volume of 323,982 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on FANUY. Hsbc Global Res downgraded Fanuc from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 6th. UBS Group raised shares of Fanuc from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, Fanuc currently has a consensus rating of "Buy".
Check Out Our Latest Report on Fanuc
Fanuc Price Performance
The firm's 50-day moving average is $14.05 and its 200 day moving average is $13.63. The stock has a market cap of $27.46 billion, a price-to-earnings ratio of 24.52, a price-to-earnings-growth ratio of 3.63 and a beta of 0.66.
Fanuc (OTCMKTS:FANUY - Get Free Report) last issued its quarterly earnings results on Friday, July 25th. The industrial products company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. Fanuc had a net margin of 19.62% and a return on equity of 9.10%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.35 billion. On average, sell-side analysts forecast that Fanuc Corp. will post 0.46 EPS for the current 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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