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 to investors 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 assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Yaskawa Electric Stock Up 2.0%

Shares of YASKY opened at $87.75 on Monday. The firm has a market capitalization of $11.38 billion, a P/E ratio of 48.48 and a beta of 1.37. Yaskawa Electric has a 12-month low of $37.53 and a 12-month high of $87.90. 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 firm has a fifty day moving average price of $62.46 and a 200-day moving average price of $61.33.

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

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.