Kubota (OTCMKTS:KUBTY) Shares Gap Up – What’s Next?

Kubota Corp. (OTCMKTS:KUBTYGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $83.22, but opened at $87.05. Kubota shares last traded at $87.05, with a volume of 730 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research raised Kubota to a “hold” rating in a research report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

View Our Latest Analysis on KUBTY

Kubota Stock Performance

The firm’s fifty day moving average price is $86.72 and its 200 day moving average price is $84.94. The firm has a market cap of $19.33 billion, a P/E ratio of 13.39, a price-to-earnings-growth ratio of 1.96 and a beta of 0.94. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.28 and a current ratio of 1.70.

Kubota (OTCMKTS:KUBTYGet Free Report) last released its quarterly earnings data on Friday, May 8th. The industrial products company reported $2.05 earnings per share (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 the consensus estimate of $4.91 billion. Kubota had a net margin of 7.00% and a return on equity of 7.75%. Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. Sell-side analysts expect that Kubota Corp. will post 5.64 EPS for the current fiscal year.

Kubota Company Profile

(Get Free Report)

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.

Recommended Stories

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.