Keyence (KYCCF) Set to Release Quarterly Earnings on Thursday

Keyence (OTCMKTS:KYCCF) is anticipated to announce its results after the market closes on Thursday, October 29th. Analysts expect Keyence to announce earnings of $3.92 per share and revenue of $2.30 billion for the quarter.

Keyence Stock Up 1.6%

Shares of KYCCF stock opened at $507.25 on Wednesday. Keyence has a 52 week low of $316.20 and a 52 week high of $581.60. The company has a 50-day simple moving average of $504.93 and a 200 day simple moving average of $453.45.

Analyst Ratings Changes

Several brokerages have issued reports on KYCCF. Citigroup upgraded shares of Keyence from a “hold” rating to a “buy” rating in a research report on Tuesday, September 8th. Zacks Research upgraded Keyence from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Strong Buy”.

Keyence Company Profile

Keyence Corporation is a Japan-based developer and manufacturer of industrial automation and measurement equipment. The company provides technologies that help manufacturers inspect products, control production processes, identify components and collect operating data across a range of industrial applications.

Its product portfolio includes sensors, machine-vision systems, measuring instruments, laser markers, microscopes, barcode readers, programmable logic controllers and related automation solutions.