Yaskawa Electric (OTCMKTS:YASKY) Sets New 12-Month High – Still a Buy?

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $65.00 and last traded at $63.94, with a volume of 2813 shares traded. The stock had previously closed at $64.4250.

Analyst Ratings Changes

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

Yaskawa Electric Stock Performance

The stock has a market cap of $8.27 billion, a price-to-earnings ratio of 21.33 and a beta of 1.04. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.26 and a quick ratio of 1.22. The stock’s 50-day moving average is $54.86 and its 200-day moving average is $46.86.

Yaskawa Electric (OTCMKTS:YASKY) last released its earnings results on Friday, October 3rd. The technology company reported $0.59 EPS for the quarter. Yaskawa Electric had a return on equity of 13.12% and a net margin of 10.72%.The firm had revenue of $914.02 million during the quarter. Analysts anticipate that Yaskawa Electric Corp. will post 3.02 EPS for the current fiscal year.

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.