Posted by admin on May 14th, 2022

Kubota Co. (OTCMKTS:KUBTY – Get Rating) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totalling 18,200 shares, a growth of 75.0% from the April 15th total of 10,400 shares. Based on an average daily volume of 72,300 shares, the days-to-cover ratio is currently 0.3 days.

Shares of Kubota stock opened at $88.42 on Friday. Kubota has a twelve month low of $81.60 and a twelve month high of $122.60. The business has a 50-day moving average price of $89.38 and a 200 day moving average price of $99.80. The company has a quick ratio of 1.03, a current ratio of 1.42 and a debt-to-equity ratio of 0.33. The firm has a market cap of $21.36 billion, a PE ratio of 13.30, a P/E/G ratio of 8.04 and a beta of 0.99.

Kubota (OTCMKTS:KUBTY – Get Rating) last released its quarterly earnings data on Monday, February 14th. The industrial products company reported $1.06 EPS for the quarter, missing analysts’ consensus estimates of $1.43 by ($0.37). Kubota had a net margin of 8.03% and a return on equity of 10.16%. The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.80 billion. On average, sell-side analysts expect that Kubota will post 6.2 EPS for the current year.

KUBTY has been the subject of a number of research reports. Zacks Investment Research lowered Kubota from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 18th. Citigroup lowered Kubota from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 1st. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $129.00.

Kubota Corporation manufactures and markets machinery and related solutions in the food, water, and environment markets in Japan, North America, Europe, Asia, and internationally. It operates in three segments: Farm & Industrial Machinery, Water & Environment, and Other. The Farm & Industrial Machinery segment offers tractors, power tillers, combine harvesters, rice transplanters, turf equipment, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery, vegetable production equipment, and other agricultural equipment; cooperative drying, rice seedling, and gardening facilities; rice mill plants; scales, weighing and measuring control systems, and air purifiers; engines for farming, construction, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track and, and other construction machinery related products.

Receive News & Ratings for Kubota Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kubota and related companies with MarketBeat.com's FREE daily email newsletter.

SmartFinancial (NASDAQ:SMBK) Upgraded to “Buy” at StockNews.com

Exagen Inc. (NASDAQ:XGN) Sees Significant Growth in Short Interest