Komatsu (OTCMKTS:KMTUY) Stock Rating Upgraded by The Goldman Sachs Group

Komatsu (OTCMKTS:KMTUY) was upgraded by equities research analysts at The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Komatsu Price Performance

Shares of KMTUY opened at $29.05 on Monday. The firm’s 50-day simple moving average is $30.10 and its two-hundred day simple moving average is $28.12. Komatsu has a fifty-two week low of $24.05 and a fifty-two week high of $32.16. The stock has a market cap of $27.63 billion, a PE ratio of 10.30, a price-to-earnings-growth ratio of 2.29 and a beta of 1.04. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.04 and a current ratio of 1.91.

Komatsu (OTCMKTS:KMTUY) last posted its quarterly earnings data on Friday, January 31st. The industrial products company reported $0.77 earnings per share for the quarter. Komatsu had a return on equity of 12.39% and a net margin of 9.89%. Analysts anticipate that Komatsu will post 2.73 earnings per share for the current fiscal year.

About Komatsu

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries. It operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others.