Fanuc (OTCMKTS:FANUY – Get Free Report) was upgraded by research analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.
Fanuc Trading Up 0.4%
FANUY opened at $16.55 on Thursday. The firm has a 50 day moving average of $14.95 and a two-hundred day moving average of $14.07. The firm has a market capitalization of $32.52 billion, a PE ratio of 29.04, a P/E/G ratio of 3.94 and a beta of 0.77. Fanuc has a 12-month low of $10.54 and a 12-month high of $17.47.
Fanuc (OTCMKTS:FANUY – Get Free Report) last issued its earnings results on Friday, October 31st. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.02. The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $198.19 billion. Fanuc had a net margin of 19.62% and a return on equity of 9.10%. As a group, analysts predict that Fanuc will post 0.46 EPS for the current fiscal year.
Fanuc Company Profile
FANUC Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.
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