Fanuc Corp. (OTCMKTS:FANUY) Stock Short Interest Report for September

Key Points

• Short interest doubled to 179,647 shares as of September 30, up from 89,830 shares two weeks earlier. Despite the increase, short interest represented approximately 0.0% of shares outstanding, with a 0.2-day days-to-cover ratio.
• Fanuc shares traded at $19.27, near the 50-day moving average of $19.23 and below the 200-day average of $20.88. The stock has a 52-week range of $14.80 to $27.54 and a market capitalization of $37.87 billion.
• The company’s latest quarterly earnings met analyst expectations at $0.17 per share, while revenue of $1.45 billion fell slightly short of estimates. Analyst sentiment remains “Moderate Buy,” although UBS Group and Citigroup both downgraded the stock to “Hold.”

Fanuc Corp. (OTCMKTS:FANUY - Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 179,647 shares, an increase of 100.0% from the September 15th total of 89,830 shares. Based on an average trading volume of 1,125,474 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Fanuc Price Performance

Shares of FANUY traded down $0.30 during mid-day trading on Wednesday, hitting $19.27. The stock had a trading volume of 224,429 shares, compared to its average volume of 484,633. Fanuc has a 52 week low of $14.80 and a 52 week high of $27.54. The business has a fifty day moving average price of $19.23 and a 200-day moving average price of $20.88. The firm has a market cap of $37.87 billion, a P/E ratio of 31.09, a PEG ratio of 2.65 and a beta of 1.07.

Fanuc (OTCMKTS:FANUY - Get Free Report) last announced its earnings results on Friday, July 31st. The industrial products company reported $0.17 earnings per share for the quarter, meeting analysts' consensus estimates of $0.17. Fanuc had a net margin of 20.11% and a return on equity of 9.60%. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.47 billion. As a group, research analysts expect that Fanuc will post 0.68 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on FANUY shares. UBS Group downgraded Fanuc from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 13th. Citigroup cut shares of Fanuc from a "strong-buy" rating to a "hold" rating in a report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy".

Fanuc Company Profile

FANUC Corporation is a Japanese provider of factory automation and industrial robotics technology. The company develops and manufactures computerized numerical control (CNC) systems, servo motors and servo amplifiers used to control machine tools and production equipment.

Its product portfolio also includes industrial robots and robotic systems for applications such as assembly, material handling, welding, packaging and painting. FANUC offers factory automation equipment including machining centers, electric injection molding machines and wire-cut electrical discharge machines, as well as software and related services designed to support automated manufacturing operations.

FANUC traces its origins to numerical control research conducted by Fujitsu in the 1950s and became an independent company in 1972.

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