Yaskawa Electric (OTCMKTS:YASKY) Releases Earnings Results

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

Yaskawa Electric Price Performance

Yaskawa Electric stock opened at $81.03 on Friday. The stock has a 50-day moving average price of $84.71 and a two-hundred day moving average price of $70.41. Yaskawa Electric has a 12 month low of $38.15 and a 12 month high of $96.17. The company has a market capitalization of $10.51 billion, a PE ratio of 44.77 and a beta of 1.44. The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13.

Analyst Ratings Changes

YASKY has been the subject of several recent 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 raised Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research report on Monday, April 13th. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

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.