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Yamaha Motor (YAMHF) Rating Increased to Hold at Zacks Investment Research

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Yamaha Motor (OTCMKTS:YAMHF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday.

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 upgraded shares of Yamaha Motor from a “strong sell” rating to a “sell” rating in a research note on Saturday, September 22nd. Shares of OTCMKTS:YAMHF opened at $19.35 on Wednesday. Yamaha Motor has a 52 week low of $18.00 and a 52 week high of $34.43. The firm has a market capitalization of $6.75 billion, a PE ratio of 7.27, a PEG ratio of 1.97 and a beta of 1.65.

Yamaha Motor (OTCMKTS:YAMHF) last issued its earnings results on Wednesday, October 31st. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.02. The firm had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.93 billion. Sell-side analysts expect that Yamaha Motor will post 2.51 earnings per share for the current fiscal 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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