Kubota Corp. (OTCMKTS:KUBTY) Short Interest Update

Kubota Corp. (OTCMKTS:KUBTY) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 179 shares, a decrease of 28.4% from the November 30th total of 250 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 72,000 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 72,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

Several research firms recently commented on KUBTY. Zacks Research upgraded shares of Kubota from a “strong sell” rating to a “hold” rating in a report on Friday, November 21st. UBS Group raised shares of Kubota from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 28th. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

Kubota Stock Down 1.0%

Shares of OTCMKTS:KUBTY traded down $0.73 on Tuesday, reaching $70.27. The company had a trading volume of 12,065 shares, compared to its average volume of 37,112. The stock has a market capitalization of $16.23 billion, a P/E ratio of 13.67 and a beta of 0.93. The stock has a 50-day moving average price of $69.57 and a 200 day moving average price of $63.09. Kubota has a twelve month low of $51.65 and a twelve month high of $75.00. The company has a quick ratio of 1.26, a current ratio of 1.68 and a debt-to-equity ratio of 0.51.

Kubota (OTCMKTS:KUBTY) last posted its earnings results on Friday, November 7th. The industrial products company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.32. Kubota had a return on equity of 6.50% and a net margin of 5.95%.The firm had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.93 billion. On average, equities analysts expect that Kubota will post 5.57 EPS for the current year.

Kubota Company Profile

Kubota Corporation (OTCMKTS: KUBTY) is a Japanese multinational manufacturer specializing in agricultural machinery, construction equipment, engines and water infrastructure systems. Founded in 1890 and headquartered in Osaka, Japan, the company has grown from its origins as a cast-iron manufacturer into a diversified industrial enterprise. Kubota’s agricultural machinery portfolio includes tractors, combine harvesters, rice transplanters and irrigation equipment, while its construction machinery lineup features compact excavators, wheel loaders and skid-steer loaders.