Yaskawa Electric Corp. (OTCMKTS:YASKY) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Yaskawa Electric Corp. (OTCMKTS:YASKY) have earned an average recommendation of “Buy” from the seven ratings firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company.

YASKY has been the subject of several analyst reports. Citigroup upgraded shares of Yaskawa Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Jefferies Financial Group upgraded shares of Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th.

Yaskawa Electric Stock Performance

Shares of OTCMKTS YASKY opened at $84.99 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 50 day simple moving average of $81.19 and a two-hundred day simple moving average of $68.75. Yaskawa Electric has a 12 month low of $37.53 and a 12 month high of $96.17. The stock has a market cap of $11.02 billion, a price-to-earnings ratio of 46.96 and a beta of 1.44.

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