Zacks Investment Research Lowers Komatsu (KMTUY) to Hold

Zacks Investment Research lowered shares of Komatsu (OTCMKTS:KMTUY) from a strong-buy rating to a hold rating in a report published on Tuesday morning.

According to Zacks, “KOMATSU LTD., headquartered in Tokyo, Japan, is the world’s second largest manufacturer of earthmoving and construction machines, with annual revenues of 7,580 million euros (9.2 billion US$) and more than 30.000 employees worldwide. “

Separately, ValuEngine lowered Komatsu from a buy rating to a hold rating in a research note on Wednesday, December 20th.

Komatsu (OTCMKTS KMTUY) opened at $37.92 on Tuesday. The company has a market capitalization of $36,210.00, a price-to-earnings ratio of 22.70, a PEG ratio of 1.42 and a beta of 1.07. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.84 and a current ratio of 1.45. Komatsu has a 52 week low of $22.50 and a 52 week high of $37.99.

TRADEMARK VIOLATION WARNING: This news story was first published by Transcript Daily and is the sole property of of Transcript Daily. If you are reading this news story on another site, it was copied illegally and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this news story can be read at https://transcriptdaily.com/2018/01/05/zacks-investment-research-lowers-komatsu-kmtuy-to-hold.html.

About Komatsu

Komatsu Ltd. is a provider of industrial-use products and services. The Company is engaged in the business of construction and mining equipment, industrial machinery and vehicles, logistics, electronics and other solutions-based operations. Its DANTOTSU service includes KOMTRAX, which is a machine tracking system whose terminals are installed on construction equipment to transmit information concerning the location, cumulative hours of operation and operating condition of vehicles, and KOMTRAX Plus, which is used in mining.

Get a free copy of the Zacks research report on Komatsu (KMTUY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Komatsu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Komatsu and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply