Kubota Corp. (OTCMKTS:KUBTY – Get 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
Kubota (OTCMKTS:KUBTY – Get 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
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.
Featured Articles
- Five stocks we like better than Kubota
- Slice of the Pie: Why Yum’s Deal Lifts QSR
- 3 Most Upgraded Stocks Last Month According to MarketBeat
- MongoDB Is the Latest SaaS Apocalypse Victim to Say “Not Today”
- Urban Outfitters Stock Stalls Despite Another Strong Quarter
Receive News & Ratings for Kubota Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kubota and related companies with MarketBeat.com's FREE daily email newsletter.
