Yaskawa Electric (OTCMKTS:YASKY) Upgraded by UBS Group to Strong-Buy Rating

Key Points

• UBS Group upgraded Yaskawa Electric from a "hold" rating to a "strong-buy" rating, reflecting increased confidence in the company's performance.
• The company's stock currently has a consensus rating of "Moderate Buy", with one strong buy and two hold ratings from analysts.
• Yaskawa Electric reported a net margin of 10.72% and $914.02 million in revenue for the recent quarter, highlighting its financial strength.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) was upgraded by UBS Group from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Friday,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on the stock. The Goldman Sachs Group cut shares of Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Zacks Research upgraded shares of Yaskawa Electric from a "strong sell" rating to a "hold" rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Yaskawa Electric Trading Down 2.5%

Shares of YASKY stock opened at $51.75 on Friday. Yaskawa Electric has a 52-week low of $36.11 and a 52-week high of $63.00. The stock has a market cap of $6.71 billion, a price-to-earnings ratio of 17.31 and a beta of 1.11. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.22 and a current ratio of 2.24. The firm has a fifty day moving average of $42.45 and a 200-day moving average of $43.09.

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 (EPS) for the quarter. The company had revenue of $914.02 million during the quarter. Yaskawa Electric had a net margin of 10.72% and a return on equity of 13.33%. On average, equities research analysts forecast that Yaskawa Electric will post 3.02 earnings per share for the current fiscal 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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