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Zacks Investment Research downgraded shares of Yamaha Motor (OTCMKTS:YAMHF) from a hold rating to a sell rating in a report released on Thursday morning.
According to Zacks, “Yamaha Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automotive engine and transportation equipment. Its operating segment consists of Motorcycles, Marine Products, Power Products, Industrial Machinery and Robots and Others. Motorcycles segment includes motorcycles and knockdown parts for overseas production. Marine Products segment consists of outboard motors, personal watercraft, pleasure-use boats, fiberglass-reinforced plastic pools, fishing boats, utility boats and diesel engines. Power Products segment comprises of all-terrain vehicles, side-by-side vehicles, snowmobiles, golf cars, generators, small-sized snow throwers and multipurpose engines. Industrial Machinery and Robots segment covers electric actuators. Others segment includes surface mounters, automotive engines, electrically powered wheelchairs and industrial unmanned helicopters. Yamaha Motor Co., Ltd. is headquartered in Iwata, Japan. “ Get Yamaha Motor alerts:
Separately, ValuEngine raised shares of Yamaha Motor from a strong sell rating to a sell rating in a report on Saturday, September 22nd. OTCMKTS YAMHF opened at $19.30 on Thursday. The company has a market cap of $7.10 billion, a PE ratio of 7.26, a PEG ratio of 2.07 and a beta of 1.65. Yamaha Motor has a 1-year low of $19.30 and a 1-year high of $34.43.
Yamaha Motor (OTCMKTS:YAMHF) last posted its quarterly earnings data on Wednesday, October 31st. The company reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.02. The firm had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.93 billion. Equities research analysts forecast that Yamaha Motor will post 2.51 EPS for the current year.
Yamaha Motor Company Profile
Yamaha Motor Co, Ltd., together with its subsidiaries, develops, produces, and sells motorcycles, marine products, power products, and industrial machinery and robots, and other products in Japan, North America, Europe, other Asian countries, and internationally. It offers commuter vehicles; recreational vehicles comprising all-terrain vehicles, off-highway vehicles, and snowmobiles; and cruising, fishing, and wakeboard towing boats.
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