Latest news for Yamaha (OTC:YAMCY) Stock

Yamaha

Yamaha is a Japanese manufacturer of musical instruments and audio equipment. The company organises itself into four segments, based on product type: musical instruments, audio equipment, electronic devices, and other. Sales in the musical instruments and audio equipment segments constitute the vast majority of consolidated revenue. The musical instruments segment, which contributes more than half of company revenue, includes pianos, wind, string, percussion, and digital music instruments, and music schools. Audio equipment includes AV receivers, amplifiers, speakers, commercial karaoke equipment, and conference systems. The company derives around a third of its revenue domestically, with North America, Europe, and China the next most significant geographies.

Analyst Color

Price Target

Analyst Ratings

YAMCY

Wunderlich Cuts Polaris Estimates, Sees Competition From New Honda Product

Yamaha Corp

Kandi Technologies Hoping For Sweeter Results From A Shift In Its EV Focus

Yamaha Corporation (YAMCF) Q3 2024 Earnings Call Transcript

Yamaha Corporation (YAMCF) Q1 2024 Earnings Call Transcript

Yamaha Corporation (YAMCF) Q1 2025 Earnings Call Transcript

Yamaha Corporation 2025 Q2 - Results - Earnings Call Presentation

DOOO

GELYF

GELYY

KNDI

YAMCF

News

Intraday Update

Markets

Movers

Trading Ideas

AACAF

AACAY

AAGIY

AAIGF

AAMMF

AAUKF

AAVMY

AAVVF

ABBRF

ABCP

ABILF

ABMC

ABNAF

ABSSF

ACDVF

ACGBY

ACHFF

ACKRF

ACNDF

ACNNF

ACOPF

ACRL

ACSAY

ACUIF

ADAD

ADDDF

ADDYY

ADMT

ADYEY

AEGOF

AERG

AETUF

AEXAY

AFLYY

AGCBF

AGESY

AGFAF

AGGFF

AHCHY

AHEXY

AHGIF

AHKSF

AHKSY

AHWSF

AIBGY

AIBRF

AIQUY

AIRRF

AISSF

AJMPF

AJXGF

AKAOQ

AKBTY

AKZOY

ALBY

ALEAF

ALFVY

ALIAF

ALIF

ALIZF

ALLVF

ALMTF

ALPMY

ALSMY

ALVOF

ALYI

AMADY

AMAZ

AMBBY

AMIGY

AMKAF

AMKBF

AMKBY

AMLZF

AMMX

AMRQQ

AMXEF

ANEWF

ANGPY

ANPDF

ANPDY

ANSLY

ANTH

ANXGF

ANZBY

ANZLY

AOIFF

AOMFF

AOTVF

APELY

APHD

APMCF

AQARF

ARAFF

ARESF

ARGKF

ARKAY

ARNGF

ARREF

ARRRF

Stocks That Hit 52-Week Highs On Tuesday

In a report published Wednesday, Wunderlich analyst Rommel Dionisio maintained a Buy rating on Polaris Industries Inc. (NYSE: <a class="ticker" href="/stock/pii#NYSE">PII</a>), while lowering the price target from $178 to $159, due to concerns regarding the impact of product launches by two of Polaris&#39; prominent competitors on the company&#39;s core side-by-side (SxS) business.

	According to the Wunderlich report, &quot;Such increased competition comes as the SxS market overall has decelerated to the point where it is hardly cannibalizing the single-seat ATV market, where Polaris&#39;s market share is much lower than it is for side-by-sides.&quot;

	Although Polaris has been able to weather product launches by smaller competitors, the analyst expressed concern regarding the impending product launches by Honda Motor Co Ltd (ADR) (NYSE: <a class="ticker" href="/stock/hmc#NYSE">HMC</a>) and Yamaha Corp (ADR) (OTC: <a class="ticker" href="/stock/yamcy#OTC">YAMCY</a>).

	According to Dionisio, both companies &quot;are introducing this season new SxS models of significant technical proficiency, backed with aggressive marketing support.&quot;

	Channel checks also suggest that dealers believe that Honda&#39;s to-be-launched Pioneer 1000 SxS model could be an important competitive threat for Polaris&#39; core Ranger 900 model, given its more powerful engine and innovative six-speed transmission.

	However, Polaris had also unveiled its new top-of-the-line sports model, the RZR XP Turbo EPS, which features a turbo-charged engine that can generate 144 horsepower. The analyst believes that while Polaris holds a dominant position in the sport SxS market, the new model could help the company defend its market share, rather than helping gain further share.

	The total revenue and EPS estimates for 2016 have been lowered due to &quot;the heightened competitive environment in the core SxS segment, due to major new product introductions from Honda and Yamaha as well as still elevated competitive promotions,&quot; Dionisio explained.

	If the company fails to continue gaining share of the SxS market, the analyst fears that the stock could witness multiple compression from the premium it has been trading at versus the peer group.

Comments

Yamaha

News

Latest news for Yamaha (OTC:YAMCY) Stock

Tuesday, March 24, 2020

Wednesday, July 29, 2015

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga