Yaskawa Electric (OTCMKTS:YASKY) Upgraded to Strong-Buy at Nomura Securities

Key Points

• Yaskawa Electric has been upgraded to a "strong-buy" rating by Nomura Securities, reflecting growing analyst optimism about the company's stock performance.
• Other analysts, including Goldman Sachs and UBS Group, have also recently increased their ratings for Yaskawa Electric from "hold" to "buy" or "strong-buy."
• As of the latest earnings report, Yaskawa Electric reported earnings per share of $0.59 and a revenue of $914.02 million, with an anticipated earnings forecast of 3.02 EPS for the current year.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) was upgraded by analysts at Nomura Securities from a "hold" rating to a "strong-buy" rating in a report released on Tuesday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the stock. The Goldman Sachs Group raised shares of Yaskawa Electric from a "hold" rating to a "buy" rating in a report on Monday. UBS Group raised Yaskawa Electric from a "hold" rating to a "strong-buy" rating in a report on Friday, October 10th. Finally, Zacks Research upgraded Yaskawa Electric from a "strong sell" rating to a "hold" rating in a research note on Thursday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Yaskawa Electric has an average rating of "Buy".

Yaskawa Electric Stock Performance

Shares of YASKY opened at $56.39 on Tuesday. The stock has a market capitalization of $7.31 billion, a PE ratio of 18.86 and a beta of 1.11. The business's fifty day moving average price is $43.21 and its 200 day moving average price is $43.12. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.24 and a quick ratio of 1.22. Yaskawa Electric has a 12-month low of $36.11 and a 12-month high of $62.71.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last released its earnings results on Friday, October 3rd. The technology company reported $0.59 earnings per share for the quarter. Yaskawa Electric had a net margin of 10.72% and a return on equity of 13.33%. The firm had revenue of $914.02 million during the quarter. Equities research analysts forecast that Yaskawa Electric 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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