Yaskawa Electric (OTCMKTS:YASKY) Raised to Strong-Buy at Citigroup

Yaskawa Electric (OTCMKTS:YASKY) was upgraded by research analysts at Citigroup from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Yaskawa Electric Stock Up 2.0%

Shares of OTCMKTS:YASKY opened at $87.75 on Monday. The business has a 50-day moving average price of $62.46 and a 200 day moving average price of $61.33. The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $11.38 billion, a price-to-earnings ratio of 48.48 and a beta of 1.37. Yaskawa Electric has a 12-month low of $37.53 and a 12-month high of $87.90.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings data on Friday, April 10th. The technology company reported $0.48 earnings per share (EPS) for the quarter. The firm had revenue of $941.89 million during the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.

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.