
TYO:6861
This summary was created by AI, based on 1 opinions in the last 12 months.
Keyence (6861-JP) is currently showing positive momentum with a 5% year-to-date increase in its stock price. The company specializes in machine-vision technology and offers a range of products including code readers, laser markers, measuring systems, and sensors, all of which are poised to experience increased demand as production processes, particularly in robotics, ramp up. Experts suggest that the stock is undervalued compared to its historical prices, which could indicate a good buying opportunity. Additionally, the expectation of rising Japanese interest rates may strengthen the yen, further supporting the stock's growth. With a modest yield of 0.92% and analysts projecting a price target of ¥69,836.84, the outlook remains cautiously optimistic.
This is in machine vision, and there are only 3 companies playing at this level globally. Has been growing like crazy in all aspects of logistics and manufacturing, basically because human eyes are deficient and we can’t see tiny details. A fantastic balance sheet. Dividend yield of 0.1%. (Analysts’ price target is ¥56,500.)
(A Top Pick Sept 19/16. Up 6.95%.) A Japanese sensors producer. Has a very unique business model. They are a fabulous semiconductor company, so they are capital light. There sensors are very affordable, and are sold to clients using a consultative sales process. Their biggest impediment to growth is to hire enough sales engineers to get out to factories and show them the opportunity to save money using their sensors.
Keyence is a OTC stock, trading under the symbol 6861.T (previously 6861-JP on Stockchase) on the (). It is usually referred to as or 6861.T
In the last year, there was no coverage of Keyence published on Stockchase.
Keyence was recommended as a Top Pick by David Fingold on 2016-09-19. Read the latest stock experts ratings for Keyence.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Keyence published on Stockchase.
On 2019-10-26, Keyence (6861.T) stock closed at a price of $67,160.00.
The cycle is now starting to move in its favour. Stock's up 5% YTD. Machine-vision technology on assembly lines. Code readers, laser markers, measuring systems, sensors. All will be in demand for production of, for example, robots. Demand starting to pick up. Stock's really cheap compared to where it's been.
(Analysts’ price target is $69836.84)Japanese interest rates are rising and, hopefully with that, the Japanese yen. (Price target in yen.) Yield is 0.92%.