Yaskawa Electric (OTCMKTS:YASKY) Issues Quarterly Earnings Results

Yaskawa Electric (OTCMKTS:YASKY) posted its earnings results on Friday. The technology company reported $0.59 earnings per share for the quarter, Zacks reports. Yaskawa Electric had a return on equity of 12.90% and a net margin of 10.37%.

Yaskawa Electric Stock Performance

Yaskawa Electric stock opened at $48.42 on Friday. The firm has a market capitalization of $6.28 billion, a P/E ratio of 17.11 and a beta of 1.11. The company has a current ratio of 2.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average price of $41.69 and a 200 day moving average price of $43.27. Yaskawa Electric has a 52 week low of $36.11 and a 52 week high of $69.26.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on YASKY. Zacks Research upgraded Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. The Goldman Sachs Group lowered Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 8th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Yaskawa Electric presently has a consensus rating of “Hold”.

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.