Kubota Corp. (OTCMKTS:KUBTY) Stock Short Interest Report for October

Kubota Corp. (OTCMKTS:KUBTY) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 9,905 shares, a decline of 69.0% from the September 30th total of 31,917 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 47,325 shares, the days-to-cover ratio is presently 0.2 days.

Kubota Price Performance

Shares of KUBTY opened at $84.14 on Wednesday. The business’s 50-day moving average price is $87.03 and its 200 day moving average price is $85.85. Kubota has a 1-year low of $63.15 and a 1-year high of $107.97.

Kubota (OTCMKTS:KUBTY) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.99. The firm had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.05 billion. Kubota has set its FY 2026 guidance at 8.150-8.150 EPS. On average, equities research analysts anticipate that Kubota will post 7.72 earnings per share for the current year.

Analysts Set New Price Targets

KUBTY has been the topic of several research reports. The Goldman Sachs Group cut Kubota from a “strong-buy” rating to a “strong sell” rating in a report on Sunday, October 4th. Zacks Research lowered Kubota from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 16th. Finally, Morgan Stanley cut Kubota from an “equal weight” rating to an “underweight” rating in a report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

About Kubota

Kubota Corporation is a Japanese manufacturer of agricultural, construction and industrial equipment. Founded in Osaka in 1890 as an iron foundry, the company initially produced castings and related products before expanding into machinery and infrastructure businesses. Kubota is headquartered in Osaka, Japan, and serves customers through operations and distribution networks in Japan, North America, Europe, Asia and other international markets.

The company’s agricultural product portfolio includes tractors, combine harvesters, rice transplanters, mowers, implements and other equipment used in farming and grounds maintenance.