
TYO:6861
This summary was created by AI, based on 1 opinions in the last 12 months.
Keyence Corporation, symbol 6861-JP, is showing promising signs as it begins to benefit from an upward market cycle. Year-to-date, the stock has increased by 5%, indicating a positive trend. The company's focus on machine-vision technology for assembly lines, including products like code readers and sensors, is expected to drive demand, particularly as production of robots gains traction. The stock appears relatively cheap compared to its historical valuations, making it an attractive option for investors. Additionally, the rising Japanese interest rates may boost the yen, further enhancing the stock's potential. With an attractive yield of 0.92%, analysts have set a price target at ¥69836.84, reflecting confidence in its future performance.
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 undefined (undefined). It is usually referred to as or 6861.T
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on 6861.T (previously 6861-JP on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Keyence.
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 Keyence.
Keyence is covered by Stockchase experts and is worth watching.
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%.