Yaskawa Electric (OTCMKTS:YASKY) Shares Gap Up – Still a Buy?

Yaskawa Electric Corp. (OTCMKTS:YASKY) gapped up prior to trading on Tuesday. The stock had previously closed at $44.42, but opened at $47.11. Yaskawa Electric shares last traded at $47.35, with a volume of 2,083 shares trading hands.

Wall Street Analyst Weigh In

Several analysts have issued reports on YASKY shares. Zacks Research assumed coverage on Yaskawa Electric in a report on Friday, October 30th. They issued a “hold” rating for the company. The Goldman Sachs Group lowered Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Yaskawa Electric Stock Up 3.9%

The stock has a market capitalization of $6.36 billion, a price-to-earnings ratio of 26.81 and a beta of 1.63. The business has a 50-day moving average of $55.31 and a 200-day moving average of $66.26. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.31 and a current ratio of 2.42.

Yaskawa Electric (OTCMKTS:YASKY) last posted its earnings results on Friday, October 9th. The technology company reported $0.65 EPS for the quarter. The company had revenue of $912.69 million for the quarter. Yaskawa Electric had a net margin of 6.32% and a return on equity of 7.19%. On average, sell-side analysts expect that Yaskawa Electric Corp. will post 2.31 EPS for the current year.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japanese manufacturer of industrial automation and control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves customers in manufacturing and other industries around the world. Its products include AC drives, servo motors and controllers, and industrial robots. Yaskawa also provides automation systems and related technologies designed to help businesses control machinery, improve production processes, and automate tasks such as material handling, welding, and assembly.