Komatsu Ltd. (OTCMKTS:KMTUY) Shares Shorted: Short Interest Down 51.6% in September

Komatsu Ltd. (OTCMKTS:KMTUY) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 36,919 shares, a drop of 51.6% from the September 15th total of 76,281 shares. Based on an average daily trading volume, of 106,055 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Komatsu Stock Performance

Komatsu stock traded down $0.71 during mid-day trading on Wednesday, hitting $46.13. 267,079 shares of the company’s stock traded hands, compared to its average volume of 132,577. The company has a market cap of $42.92 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The firm has a 50 day moving average price of $46.56 and a 200 day moving average price of $43.16. Komatsu has a one year low of $30.65 and a one year high of $52.74. 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 (OTCMKTS:KMTUY) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.08. The firm had revenue of $6.37 billion during the quarter, compared to analyst estimates of $6.13 billion. Komatsu had a net margin of 8.93% and a return on equity of 10.51%. Komatsu has set its FY 2026 guidance at 2.450-2.450 EPS. On average, equities analysts forecast that Komatsu will post 2.69 EPS for the current year.

Analyst Ratings Changes

KMTUY has been the topic of several recent research reports. Zacks Research raised Komatsu from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. The Goldman Sachs Group raised Komatsu from a “hold” rating to a “strong-buy” rating in a report on Sunday, October 4th. Finally, Citigroup upgraded shares of Komatsu from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 25th. Two analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, 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 and other machinery used in infrastructure development, construction, quarrying and resource extraction.

The company also provides equipment for forestry operations and industrial applications, along with replacement parts, maintenance, repairs, fleet management, automation and other technology-enabled services.