Kubota (OTCMKTS:KUBTY) Shares Gap Up – What’s Next?

Kubota Corp. (OTCMKTS:KUBTYGet Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $87.49, but opened at $92.42. Kubota shares last traded at $92.48, with a volume of 724 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Kubota from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.

Read Our Latest Research Report on KUBTY

Kubota Price Performance

The stock’s fifty day moving average price is $84.01 and its 200-day moving average price is $80.99. The firm has a market cap of $20.93 billion, a price-to-earnings ratio of 14.50 and a beta of 0.93. The company has a current ratio of 1.70, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48.

Kubota (OTCMKTS:KUBTYGet Free Report) last released its quarterly earnings data on Friday, May 8th. The industrial products company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.51. The firm had revenue of $5.18 billion for the quarter, compared to analysts’ expectations of $4.91 billion. Kubota had a return on equity of 7.75% and a net margin of 7.00%.Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. As a group, equities research analysts forecast that Kubota Corp. will post 5.89 earnings per share for the current fiscal year.

Kubota Company Profile

(Get Free Report)

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.

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