Yaskawa Electric (OTCMKTS:YASKY) Sets New 52-Week High – Still a Buy?

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) reached a new 52-week high during trading on Wednesday . The company traded as high as $65.88 and last traded at $65.88, with a volume of 5130 shares. The stock had previously closed at $63.10.

Analyst Ratings Changes

Several equities analysts recently issued reports on YASKY shares. Nomura Securities raised Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. The Goldman Sachs Group raised shares of Yaskawa Electric from a “hold” rating to a “buy” rating in a research note on Monday, October 13th. Zacks Research raised shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 18th. UBS Group upgraded Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Yaskawa Electric to a “buy” rating in a research note on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

Yaskawa Electric Trading Up 2.2%

The company’s fifty day moving average is $57.69 and its 200-day moving average is $49.46. The company has a current ratio of 2.26, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $8.71 billion, a P/E ratio of 35.17 and a beta of 1.01.

Yaskawa Electric (OTCMKTS:YASKY) last announced its earnings results on Friday, January 9th. The technology company reported $0.37 EPS for the quarter. Yaskawa Electric had a net margin of 6.86% and a return on equity of 8.26%. The firm had revenue of $892.43 million for the quarter. As a group, sell-side analysts anticipate that Yaskawa Electric Corp. will post 3.02 earnings per share for the current fiscal year.

About Yaskawa Electric

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.