Yaskawa Electric (OTCMKTS:YASKY) Raised to Hold at Zacks Research

Key Points

• Yaskawa Electric has been upgraded by Zacks Research from a "strong sell" to a "hold" rating, reflecting a change in analysts' sentiment towards the stock.
• The company reported earnings of $0.37 per share for the last quarter, with a revenue of $869.63 million, and analysts expect an EPS of 3.02 for the current fiscal year.
• Shares of Yaskawa Electric are currently trading at $42.25, down $0.26, and have a market capitalization of $5.48 billion.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) was upgraded by equities research analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research note issued on Thursday,Zacks.com reports.

Separately, 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. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, Yaskawa Electric has a consensus rating of "Hold".

Yaskawa Electric Stock Down 0.6%

Shares of OTCMKTS YASKY traded down $0.26 during mid-day trading on Thursday, reaching $42.25. The company had a trading volume of 4,020 shares, compared to its average volume of 9,056. The stock has a market capitalization of $5.48 billion, a PE ratio of 14.93 and a beta of 1.04. Yaskawa Electric has a twelve month low of $36.11 and a twelve month high of $70.71. 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 stock's 50 day moving average is $41.24 and its 200-day moving average is $43.92.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last issued its earnings results on Friday, July 4th. The technology company reported $0.37 earnings per share for the quarter. Yaskawa Electric had a return on equity of 12.90% and a net margin of 10.37%.The company had revenue of $869.63 million for the quarter. As a group, equities analysts anticipate that Yaskawa Electric will post 3.02 earnings per share for the current fiscal year.

About Yaskawa Electric

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.