Keyence (OTCMKTS:KYCCF) Stock Rating Lowered by Zacks Research

Keyence (OTCMKTS:KYCCF) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday, Zacks reports.

Separately, Citigroup raised shares of Keyence from a “hold” rating to a “buy” rating in a report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Keyence presently has a consensus rating of “Buy”.

Keyence Trading Up 0.8%

Shares of OTCMKTS:KYCCF opened at $466.80 on Monday. The firm’s 50 day moving average is $497.31 and its two-hundred day moving average is $458.31. The firm has a market capitalization of $113.21 billion, a P/E ratio of 129.67 and a beta of 1.39. Keyence has a 52 week low of $316.20 and a 52 week high of $581.60.

Keyence (OTCMKTS:KYCCF) last issued its quarterly earnings data on Thursday, October 29th. The company reported $4.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.92 by $0.21. The business had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.30 billion. Analysts predict that Keyence will post 15.14 EPS for the current year.

Keyence Company Profile

Keyence Corporation develops and sells factory-automation equipment used to monitor, inspect and improve manufacturing processes. Its products include sensors, measuring instruments, machine-vision systems, laser markers, microscopes and programmable logic controllers. Founded in Japan in 1974, the company serves manufacturers across a range of industries, including automotive, electronics, semiconductor and pharmaceutical production. Keyence sells its products internationally through a global sales and support network.