Yaskawa Electric (OTCMKTS:YASKY) Releases Earnings Results

Yaskawa Electric (OTCMKTS:YASKY) posted its earnings results on Friday. The technology company reported $0.26 earnings per share for the quarter, Zacks reports. Yaskawa Electric had a net margin of 6.50% and a return on equity of 7.51%.

Yaskawa Electric Stock Performance

Shares of YASKY stock opened at $85.14 on Friday. 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 cap of $11.04 billion, a PE ratio of 47.04 and a beta of 1.44. Yaskawa Electric has a 12-month low of $38.15 and a 12-month high of $96.17. The business’s fifty day simple moving average is $84.71 and its 200-day simple moving average is $70.41.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on YASKY shares. Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research report on Monday, April 13th. Citigroup raised shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

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.