|Bid||0.00 x 50000|
|Ask||0.00 x 50000|
|Day's Range||168.80 - 171.30|
|52 Week Range||168.80 - 227.90|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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The number of robotics and automation companies has increased dramatically in recent decades as corporations seek to produce goods and services more efficiently, often replacing more expensive human employees in the process. Examples of companies that offer robotics solutions and products include Cognex Corp. (CGNX), Cadence Design Systems Inc. (CDNS), and U.K.-based Blue Prism Group PLC (PRSM). Robot and automation stocks, as represented by the ROBO Global Robotics and Automation Index ETF (ROBO), have outperformed the broader market.
Fanuc (FANUY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.