Fanuc Co. (OTCMKTS:FANUY) Given Consensus Recommendation of “Hold” by Brokerages

Fanuc Co. (OTCMKTS:FANUY) has earned an average rating of “Hold” from the seven research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company.

A number of research firms have recently commented on FANUY. The Goldman Sachs Group raised shares of Fanuc from a “sell” rating to a “neutral” rating in a research report on Friday, November 20th. JPMorgan Chase & Co. upgraded shares of Fanuc from an “underweight” rating to a “neutral” rating in a research note on Tuesday, December 22nd. Mizuho upgraded shares of Fanuc from a “neutral” rating to a “buy” rating in a research note on Friday, September 4th. Finally, Zacks Investment Research lowered shares of Fanuc from a “buy” rating to a “hold” rating in a research note on Tuesday, December 22nd.

OTCMKTS FANUY opened at $24.69 on Friday. The company’s fifty day simple moving average is $24.49 and its 200-day simple moving average is $20.33. Fanuc has a 52 week low of $10.51 and a 52 week high of $26.31. The stock has a market cap of $47.86 billion, a P/E ratio of 85.14, a PEG ratio of 2.20 and a beta of 1.26.

Fanuc (OTCMKTS:FANUY) last posted its earnings results on Thursday, October 29th. The industrial products company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. Fanuc had a net margin of 12.84% and a return on equity of 4.52%. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.06 billion. On average, equities analysts forecast that Fanuc will post 0.4 earnings per share for the current fiscal year.

Fanuc Company Profile

Fanuc Corporation provides factory automation products in Japan, the United States, Europe, Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire-cut electric discharge machines, and ultra-precision machines.

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Analyst Recommendations for Fanuc (OTCMKTS:FANUY)

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