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Is Fanuc (FANUY) Stock Outpacing Its Industrial Products Peers This Year?
Is Fanuc (FANUY) Stock Outpacing Its Industrial Products Peers This Year?

Yahoo

time14-05-2025

  • Business
  • Yahoo

Is Fanuc (FANUY) Stock Outpacing Its Industrial Products Peers This Year?

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Fanuc Corp. (FANUY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question. Fanuc Corp. is a member of the Industrial Products sector. This group includes 190 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Fanuc Corp. is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for FANUY's full-year earnings has moved 1.4% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the latest available data, FANUY has gained about 0.9% so far this year. In comparison, Industrial Products companies have returned an average of -1.7%. This shows that Fanuc Corp. is outperforming its peers so far this year. Gorman-Rupp (GRC) is another Industrial Products stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 2.1%. For Gorman-Rupp, the consensus EPS estimate for the current year has increased 0.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Fanuc Corp. belongs to the Industrial Automation and Robotics industry, which includes 2 individual stocks and currently sits at #2 in the Zacks Industry Rank. On average, this group has lost an average of 63.9% so far this year, meaning that FANUY is performing better in terms of year-to-date returns. Gorman-Rupp, however, belongs to the Manufacturing - General Industrial industry. Currently, this 38-stock industry is ranked #138. The industry has moved -0.3% so far this year. Investors with an interest in Industrial Products stocks should continue to track Fanuc Corp. and Gorman-Rupp. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fanuc Corp. (FANUY) : Free Stock Analysis Report Gorman-Rupp Company (The) (GRC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

Robot Maker Fanuc Withholds Guidance on Tariff Uncertainty
Robot Maker Fanuc Withholds Guidance on Tariff Uncertainty

Bloomberg

time23-04-2025

  • Business
  • Bloomberg

Robot Maker Fanuc Withholds Guidance on Tariff Uncertainty

Japanese robot maker Fanuc Corp. refrained from giving a full-year profit forecast, saying it needs to assess the fallout from US President Donald Trump's tariffs and their impact on the global economy. The company will disclose an outlook 'once a reasonable calculation is possible,' Fanuc said in a filing on Wednesday. Fanuc has typically given an earnings guidance, along with the foreign exchange assumptions on which it bases its calculations.

Japan's Fanuc says it cannot provide FY2025/26 forecasts due to tariff uncertainties
Japan's Fanuc says it cannot provide FY2025/26 forecasts due to tariff uncertainties

CNA

time23-04-2025

  • Business
  • CNA

Japan's Fanuc says it cannot provide FY2025/26 forecasts due to tariff uncertainties

23 Apr 2025 02:52PM (Updated: 23 Apr 2025 03:08PM) TOKYO : Japanese robotics company Fanuc Corp said on Wednesday it was not able to report its forecasts for the current fiscal year ending in March 2026 due to "numerous uncertain factors" including U.S. tariffs and their global economic impact. "We plan to carefully assess the impact of tariffs in the United States and other factors, and promptly disclose the forecast once a reasonable calculation becomes feasible," Fanuc said in an annual earnings disclosure. (This story has been refiled to clarify in the headline that the forecasts is for fiscal year 2025/26, not FY2026)

Japan's Fanuc says it cannot provide FY2025/26 forecasts due to tariff uncertainties
Japan's Fanuc says it cannot provide FY2025/26 forecasts due to tariff uncertainties

Reuters

time23-04-2025

  • Business
  • Reuters

Japan's Fanuc says it cannot provide FY2025/26 forecasts due to tariff uncertainties

TOKYO, April 23 (Reuters) - Japanese robotics company Fanuc Corp (6954.T), opens new tab said on Wednesday it was not able to report its forecasts for the current fiscal year ending in March 2026 due to "numerous uncertain factors" including U.S. tariffs and their global economic impact. "We plan to carefully assess the impact of tariffs in the United States and other factors, and promptly disclose the forecast once a reasonable calculation becomes feasible," Fanuc said in an annual earnings disclosure, opens new tab.

Japan's Fanuc says it cannot provide FY2026 forecasts due to tariff uncertainties
Japan's Fanuc says it cannot provide FY2026 forecasts due to tariff uncertainties

Yahoo

time23-04-2025

  • Business
  • Yahoo

Japan's Fanuc says it cannot provide FY2026 forecasts due to tariff uncertainties

TOKYO (Reuters) -Japanese robotics company Fanuc Corp said on Wednesday it was not able to report its forecasts for the current fiscal year ending in March 2026 due to "numerous uncertain factors" including U.S. tariffs and their global economic impact. "We plan to carefully assess the impact of tariffs in the United States and other factors, and promptly disclose the forecast once a reasonable calculation becomes feasible," Fanuc said in an annual earnings disclosure. Sign in to access your portfolio

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