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

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

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

Yaskawa Electric Trading Up 2.0%

YASKY stock opened at $87.75 on Monday. The company has a quick ratio of 1.36, a current ratio of 2.47 and a debt-to-equity ratio of 0.13. Yaskawa Electric has a twelve month low of $37.53 and a twelve month high of $87.90. The stock has a market capitalization of $11.38 billion, a price-to-earnings ratio of 48.48 and a beta of 1.37. The firm’s fifty day simple moving average is $62.46 and its two-hundred day simple moving average is $61.33.

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

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.