Kubota (OTCMKTS:KUBTY) Shares Gap Up After Better-Than-Expected Earnings

Kubota Corp. (OTCMKTS:KUBTY) gapped up before the market opened on Monday after the company announced better than expected quarterly earnings. The stock had previously closed at $85.15, but opened at $90.63. Kubota shares last traded at $91.1850, with a volume of 499 shares trading hands.

The industrial products company reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.51. The firm had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $4.91 billion. Kubota had a net margin of 7.00% and a return on equity of 7.76%. Kubota has set its FY 2026 guidance at 6.370-6.370 EPS.

Analyst Ratings Changes

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

Kubota Stock Up 0.6%

The firm’s 50 day moving average price is $84.45 and its two-hundred day moving average price is $78.46. The company has a market cap of $20.70 billion, a P/E ratio of 14.34 and a beta of 0.91. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.26 and a current ratio of 1.65.

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.