FANUC (OTCMKTS:FANUY) Upgraded to Strong-Buy at UBS Group

UBS Group upgraded shares of FANUC (OTCMKTS:FANUY - Free Report) from a hold rating to a strong-buy rating in a research report released on Tuesday, May 20th,Zacks.com reports.

FANUC Price Performance

FANUC stock traded up $0.10 during midday trading on Tuesday, reaching $13.61. The company's stock had a trading volume of 234,524 shares, compared to its average volume of 484,260. The stock's 50-day simple moving average is $12.89 and its 200-day simple moving average is $13.54. FANUC has a 52-week low of $10.54 and a 52-week high of $15.50. The stock has a market capitalization of $27.09 billion, a P/E ratio of 27.77, a PEG ratio of 2.62 and a beta of 0.65.

FANUC (OTCMKTS:FANUY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The industrial products company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.04. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $206.15 billion. FANUC had a return on equity of 7.98% and a net margin of 17.59%. As a group, equities research analysts expect that FANUC will post 0.46 earnings per share for the current fiscal year.

FANUC Company Profile

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.