Fanuc Co. ADR

I see FANUF's results improving in the new quarter, considering favorable indicators for its Factory Automation and Robomachine segments. Fanuc is a major player in the US' robot market, which has ample room for further expansion as compared to other nations. The FANUF stock is valued at a discount to its peer and historical average, and this supports a Buy rating.» Mehr auf seekingalpha.com

I rate Fanuc Corporation as a Buy in view of the company's positive outlook. Both analysts and management have raised their respective full-year FY 2024 revenue and operating income forecasts in recent months. FANUY's business in China is likely to benefit from a meaningful amount of new orders in the near future as this market's channel inventory adjustment process has been completed to a considerable degree.» Mehr auf seekingalpha.com

I anticipate that Fanuc Corporation's financial performance for the first quarter of the new fiscal year will surpass the sell side's expectations. Fanuc Corporation's shares are undervalued based on historical and earnings growth comparisons. I upgrade Fanuc Corporation's rating to a Buy, as the stock's P/E multiple has the potential to expand in the event of a Q1 FY 2024 results beat.» Mehr auf seekingalpha.com