Yaskawa Electric (OTCMKTS:YASKY) Upgraded to "Hold" at Jefferies Financial Group

Key Points

• Jefferies Financial Group upgraded Yaskawa Electric from a "moderate sell" to a "hold," and the stock traded up about 2.6% to $67.17 on the news.
• Yaskawa reported Q results of $0.48 EPS on $941.9 million in revenue, with a net margin of 6.5% and a market cap of $8.71 billion; analysts expect about 3.02 EPS for the current fiscal year.
• Yaskawa Electric is a Japan-based manufacturer of industrial automation, motion-control and robotics equipment serving automotive, electronics, pharmaceuticals, logistics and other industries.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) was upgraded by research analysts at Jefferies Financial Group from a "moderate sell" rating to a "hold" rating in a note issued to investors on Monday,Zacks.com reports.

Yaskawa Electric Trading Up 2.6%

Shares of Yaskawa Electric stock opened at $67.17 on Monday. The stock has a market capitalization of $8.71 billion, a P/E ratio of 37.11 and a beta of 1.12. The company has a quick ratio of 1.16, a current ratio of 2.14 and a debt-to-equity ratio of 0.10. The company has a 50-day simple moving average of $61.49 and a 200 day simple moving average of $58.62. Yaskawa Electric has a 12-month low of $36.46 and a 12-month high of $73.82.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last announced its earnings results on Friday, April 10th. The technology company reported $0.48 earnings per share (EPS) for the quarter. The business had revenue of $941.89 million during the quarter. Yaskawa Electric had a net margin of 6.50% and a return on equity of 7.66%. Research analysts expect that Yaskawa Electric will post 3.02 earnings per share 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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