Fanuc Corp. (OTCMKTS:FANUY) Stock Short Interest Report for September

Fanuc Corp. (OTCMKTS:FANUY) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 179,647 shares, a growth of 100.0% from the September 15th total of 89,830 shares. Based on an average trading volume of 1,125,474 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on FANUY shares. UBS Group lowered Fanuc from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. Citigroup cut shares of Fanuc from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Fanuc Stock Down 0.4%

OTCMKTS:FANUY opened at $19.14 on Friday. The company’s 50 day moving average price is $19.18 and its 200-day moving average price is $20.91. Fanuc has a 52 week low of $14.80 and a 52 week high of $27.54. The stock has a market cap of $37.60 billion, a price-to-earnings ratio of 30.87, a PEG ratio of 2.64 and a beta of 1.07.

Fanuc (OTCMKTS:FANUY) last announced its quarterly earnings data on Friday, July 31st. The industrial products company reported $0.17 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.17. Fanuc had a net margin of 20.11% and a return on equity of 9.60%. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.47 billion. As a group, sell-side analysts anticipate that Fanuc will post 0.68 earnings per share for the current year.

Fanuc Company Profile

FANUC Corporation is a Japanese provider of factory automation and industrial robotics technology. The company develops and manufactures computerized numerical control (CNC) systems, servo motors and servo amplifiers used to control machine tools and production equipment.

Its product portfolio also includes industrial robots and robotic systems for applications such as assembly, material handling, welding, packaging and painting. FANUC offers factory automation equipment including machining centers, electric injection molding machines and wire-cut electrical discharge machines, as well as software and related services designed to support automated manufacturing operations.

FANUC traces its origins to numerical control research conducted by Fujitsu in the 1950s and became an independent company in 1972.