Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up - Time to Buy?

Key Points

• Shares gapped up: Yaskawa opened at $58.51 after a $56.1150 close and last traded at $58.51 on very light volume (384 shares).
• Analyst sentiment is positive: Deutsche Bank upgraded the stock to a Buy on Nov. 24 and the MarketBeat consensus rating is "Buy" (2 Strong Buy, 2 Buy, 1 Hold).
• Key fundamentals: 50-day MA $65.14 vs 200-day MA $56.03, market cap $7.91 billion and P/E 31.93. The company reported quarterly EPS of $0.37 on $892.43M revenue, and sell-side analysts forecast FY EPS of 3.02.

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $56.1150, but opened at $58.51. Yaskawa Electric shares last traded at $58.51, with a volume of 384 shares traded.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised shares of Yaskawa Electric to a "buy" rating in a research note on Monday, November 24th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Yaskawa Electric presently has a consensus rating of "Buy".

Yaskawa Electric Price Performance

The business's fifty day moving average price is $65.14 and its 200 day moving average price is $56.03. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.14 and a quick ratio of 1.16. The stock has a market cap of $7.91 billion, a P/E ratio of 31.93 and a beta of 1.00.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last announced its quarterly earnings results on Friday, January 9th. The technology company reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $892.43 million for the quarter. Yaskawa Electric had a net margin of 6.86% and a return on equity of 8.18%. Sell-side analysts forecast that Yaskawa Electric Corp. will post 3.02 EPS for the current fiscal year.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japan‐based manufacturer of industrial automation equipment, specializing in motion control technology, robotics, and drive systems. The company designs and produces a range of products that include AC and DC servo motors, inverters, programmable logic controllers, welding robots and general-purpose industrial robots. Its offerings are used across diverse sectors such as automotive, electronics, food and beverage, pharmaceuticals, and logistics to improve productivity, precision and energy efficiency in manufacturing processes.

Founded in 1915 in Kitakyushu, Japan, Yaskawa Electric has evolved from a regional motor repair shop into a global provider of factory automation and mechatronic solutions.

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