Komatsu (OTCMKTS:KMTUY) Releases Earnings Results, Beats Expectations By $0.17 EPS

Komatsu (OTCMKTS:KMTUY) announced its earnings results on Monday. The industrial products company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.75 by $0.17, Zacks reports. The business had revenue of $8.03 billion during the quarter, compared to analysts’ expectations of $1,082.32 billion. Komatsu had a net margin of 9.89% and a return on equity of 12.39%.

Komatsu Trading Up 2.9 %

Shares of KMTUY stock opened at $29.19 on Tuesday. 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 has a fifty-two week low of $24.05 and a fifty-two week high of $32.16. The stock has a 50 day simple moving average of $29.19 and a two-hundred day simple moving average of $28.18. The company has a market cap of $27.76 billion, a P/E ratio of 10.35, a PEG ratio of 2.29 and a beta of 0.99.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Komatsu from a “strong sell” rating to a “hold” rating in a research note on Monday, March 31st.

Komatsu Company Profile

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.