UBS Group Upgrades Yaskawa Electric (OTCMKTS:YASKY) to Strong-Buy

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

A number of other research firms have also commented on YASKY. The Goldman Sachs Group lowered shares of Yaskawa Electric from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Zacks Research upgraded shares of Yaskawa Electric from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Yaskawa Electric Price Performance

OTCMKTS YASKY opened at $51.75 on Friday. Yaskawa Electric has a 12 month low of $36.11 and a 12 month high of $63.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.24 and a quick ratio of 1.22. The firm has a market capitalization of $6.71 billion, a PE ratio of 17.31 and a beta of 1.11. The company’s 50 day simple moving average is $42.45 and its 200 day simple moving average is $43.01.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings data on Friday, October 3rd. The technology company reported $0.59 EPS for the quarter. Yaskawa Electric had a net margin of 10.72% and a return on equity of 13.33%. The business had revenue of $914.02 million for the quarter. As a group, equities research analysts forecast that Yaskawa Electric will post 3.02 EPS for the current fiscal year.

Yaskawa Electric Company Profile

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.