Yaskawa Electric (OTCMKTS:YASKY) Announces Quarterly Earnings Results

Key Points

• Yaskawa Electric reported a quarterly earnings per share (EPS) of $0.59, with a net margin of 10.37% and a return on equity of 12.90%.
• The company's stock price opened at $42.58 and has a market capitalization of $5.52 billion, showing a price-to-earnings ratio of 15.05.
• Recent analyst ratings show a shift from a "strong-buy" to a "hold" rating by Goldman Sachs, while Zacks Research upgraded the stock from a "strong sell" to a "hold" rating.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) announced its quarterly earnings results on Friday. The technology company reported $0.59 EPS for the quarter, Zacks reports. Yaskawa Electric had a net margin of 10.37% and a return on equity of 12.90%.

Yaskawa Electric Stock Up 1.0%

Shares of Yaskawa Electric stock opened at $42.58 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.24 and a quick ratio of 1.22. Yaskawa Electric has a 1 year low of $36.11 and a 1 year high of $69.26. The firm's 50-day moving average is $41.60 and its two-hundred day moving average is $43.32. The stock has a market cap of $5.52 billion, a price-to-earnings ratio of 15.05 and a beta of 1.11.

Analyst Ratings Changes

YASKY has been the subject of a number of recent analyst reports. The Goldman Sachs Group lowered shares of Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Zacks Research raised shares of Yaskawa Electric from a "strong sell" rating to a "hold" rating in a report on Thursday, September 18th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of "Hold".

Yaskawa Electric Company Profile

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.