Fanuc (OTCMKTS:FANUY) Announces Earnings Results

Fanuc (OTCMKTS:FANUY - Get Free Report) announced its quarterly earnings results on Friday. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.02, reports. Fanuc had a return on equity of 9.10% and a net margin of 19.62%.The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $198.19 billion.Fanuc Price Performance3 Robotics Stocks That Could Benefit From U.S. Manufacturing BoomOTCMKTS:FANUY traded up $0.78 during trading hours on Friday, reaching $16.55. The company had a trading volume of 381,390 shares, compared to its average volume of 440,391. Fanuc has a 1-year low of $10.54 and a 1-year high of $16.81. The firm has a market cap of $32.52 billion, a PE ratio of 29.04, a price-to-earnings-growth ratio of 3.94 and a beta of 0.71. The business's 50 day moving average price is $14.80 and its 200-day moving average price is $13.94. Wall Street Analyst Weigh InSeparately, Hsbc Global Res downgraded Fanuc from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy".Get Our Latest Analysis on FanucAbout Fanuc (Get Free Report)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.Read MoreFive stocks we like better than Fanuc3 Tickers Leading a Meme Stock RevivalABBV Stock: $250 May Be the New Floor After Big Q3 Earnings BeatNYSE Stocks Give Investors a Variety of Quality Options Super Micro's Moment of Truth: A Growth Story Under Pressure3 Stocks to Protect Your Portfolio from the Coronavirus Contagion Palantir Breaks Out: Why PLTR Stock May Rally Into Year-EndThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Fanuc Right Now?Before you consider Fanuc, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fanuc wasn't on the list.While Fanuc currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here