Komatsu (OTCMKTS:KMTUY) Posts Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Komatsu (OTCMKTS:KMTUY) issued its quarterly earnings data on Thursday. The industrial products company reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.04), Zacks reports. Komatsu had a return on equity of 10.56% and a net margin of 8.92%. The company had revenue of $7.07 billion for the quarter, compared to analysts’ expectations of $6.70 billion.

Komatsu Stock Performance

Shares of KMTUY traded up $0.45 during mid-day trading on Friday, reaching $38.87. The company had a trading volume of 118,959 shares, compared to its average volume of 100,608. The company has a quick ratio of 1.12, a current ratio of 1.96 and a debt-to-equity ratio of 0.19. Komatsu has a 52-week low of $30.65 and a 52-week high of $52.74. The stock has a 50 day moving average of $45.93 and a two-hundred day moving average of $43.18. The stock has a market capitalization of $36.16 billion, a P/E ratio of 13.98, a PEG ratio of 2.07 and a beta of 1.07.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on KMTUY shares. Zacks Research raised shares of Komatsu from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. Citigroup raised Komatsu from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 25th. Finally, The Goldman Sachs Group upgraded Komatsu from a “hold” rating to a “strong-buy” rating in a research note on Sunday, October 4th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Komatsu Company Profile

Komatsu Ltd. is a Japan-based manufacturer of construction, mining, forestry and industrial equipment. Its product portfolio includes hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, underground mining machinery and other equipment used in infrastructure development, resource extraction and material handling.

The company also provides equipment parts, maintenance and repair services, fleet-management technologies and digital solutions. Its Smart Construction platform is designed to help customers plan, monitor and improve job-site operations, while Komatsu develops automation and remote-control systems for construction and mining applications.

Komatsu traces its origins to Komatsu Iron Works, established in Ishikawa Prefecture, Japan, in 1921.