Komatsu (OTCMKTS:KMTUY) Releases Earnings Results, Beats Expectations By $0.08 EPS

Komatsu (OTCMKTS:KMTUY) announced its earnings results on Friday. The industrial products company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.60 by $0.08, reports. Komatsu had a net margin of 10.25% and a return on equity of 12.41%. The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $977.56 billion.

Komatsu Price Performance

Shares of OTCMKTS KMTUY traded down $0.22 during midday trading on Friday, reaching $38.26. The company’s stock had a trading volume of 36,568 shares, compared to its average volume of 145,209. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.13 and a current ratio of 2.09. The company has a market cap of $35.59 billion, a P/E ratio of 12.71, a P/E/G ratio of 5.41 and a beta of 1.02. The business’s 50 day moving average price is $33.31 and its two-hundred day moving average price is $34.06. Komatsu has a fifty-two week low of $24.75 and a fifty-two week high of $39.99.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Komatsu from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Komatsu Company Profile

Komatsu Ltd. (OTCMKTS: KMTUY) is a Japanese multinational manufacturer of construction, mining and industrial equipment. Founded in the early 20th century in Komatsu, Ishikawa Prefecture, the company has grown into a global supplier of heavy machinery and related services for industries including construction, mining, forestry and infrastructure development.

Komatsu’s product lineup covers a broad range of mobile and stationary equipment, including hydraulic excavators, bulldozers, wheel loaders, rigid and articulated dump trucks, dozers, compact equipment, and specialized mining machines for both surface and underground operations.