Yaskawa Electric (OTCMKTS:YASKY) Stock Price Down 4.8% - What's Next?

Key Points

• Yaskawa Electric's stock price decreased by 4.8%, dropping to $48.26 during mid-day trading, with trading volume down by 77% compared to its average.
• Wall Street analysts have adjusted their ratings, with Zacks Research moving from a "strong sell" to a "hold," and Goldman Sachs also downgrading to a "hold," leading to a consensus rating of "Hold."
• The company reported earnings of $0.59 per share with a revenue of $914.02 million for the latest quarter, while analysts project an EPS of 3.02 for the current year.

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report)'s stock price was down 4.8% during mid-day trading on Tuesday . The stock traded as low as $48.26 and last traded at $48.26. Approximately 5,362 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 23,203 shares. The stock had previously closed at $50.69.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on YASKY. Zacks Research raised Yaskawa Electric from a "strong sell" rating to a "hold" rating in a research note on Thursday, September 18th. The Goldman Sachs Group cut Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Yaskawa Electric has a consensus rating of "Hold".

Yaskawa Electric Trading Down 5.7%

The firm has a fifty day moving average of $41.81 and a two-hundred day moving average of $43.05. The company has a market cap of $6.20 billion, a PE ratio of 15.99 and a beta of 1.11. The company has a current ratio of 2.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.14.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last announced its quarterly earnings data on Friday, October 3rd. The technology company reported $0.59 earnings per share for the quarter. The company had revenue of $914.02 million during the quarter. Yaskawa Electric had a return on equity of 13.33% and a net margin of 10.72%. As a group, sell-side analysts predict that Yaskawa Electric Corp. will post 3.02 EPS for the current year.

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.

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