Kubota Corp. (OTCMKTS:KUBTY) Stock Short Interest Report for October

Kubota Corp. (OTCMKTS:KUBTY) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 9,905 shares, a decrease of 69.0% from the September 30th total of 31,917 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 47,325 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Zacks Research cut shares of Kubota from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 16th. Morgan Stanley lowered shares of Kubota from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, September 30th. Finally, The Goldman Sachs Group downgraded shares of Kubota from a “strong-buy” rating to a “strong sell” rating in a research note on Sunday, October 4th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Kubota Stock Performance

Shares of OTCMKTS:KUBTY opened at $82.70 on Friday. The business’s 50-day simple moving average is $87.12 and its 200 day simple moving average is $85.92. The company has a market cap of $18.81 billion, a P/E ratio of 10.90, a PEG ratio of 1.08 and a beta of 1.00. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.23 and a current ratio of 1.61. Kubota has a one year low of $63.15 and a one year high of $107.97.

Kubota (OTCMKTS:KUBTY) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $0.99. Kubota had a net margin of 8.18% and a return on equity of 9.12%. The firm had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.05 billion. Kubota has set its FY 2026 guidance at 8.150-8.150 EPS. On average, sell-side analysts forecast that Kubota will post 7.72 earnings per share for the current fiscal year.

About Kubota

Kubota Corporation is a Japanese manufacturer of agricultural, construction and industrial equipment. Founded in Osaka in 1890 as an iron foundry, the company initially produced castings and related products before expanding into machinery and infrastructure businesses. Kubota is headquartered in Osaka, Japan, and serves customers through operations and distribution networks in Japan, North America, Europe, Asia and other international markets.

The company’s agricultural product portfolio includes tractors, combine harvesters, rice transplanters, mowers, implements and other equipment used in farming and grounds maintenance.