Komatsu (OTCMKTS:KMTUY) Issues Earnings Results

Key Points

• Komatsu reported quarterly EPS of $0.68, missing analysts’ consensus estimate of $0.72 by $0.04. The company posted a 10.51% return on equity and an 8.93% net margin.
• KMTUY shares fell $4.75 to $38.30 during Thursday trading, below both the 50-day and 200-day moving averages. The stock’s market capitalization is approximately $35.63 billion.
• Analyst sentiment remains positive overall, with Goldman Sachs and Citigroup upgrading Komatsu to “strong buy” and MarketBeat reporting an average rating of “Buy.”

Komatsu (OTCMKTS:KMTUY - Get Free Report) announced its quarterly earnings results on Thursday. The industrial products company reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.72 by ($0.04), Zacks reports. Komatsu had a return on equity of 10.51% and a net margin of 8.93%.

Komatsu Price Performance

KMTUY stock traded down $4.75 during midday trading on Thursday, reaching $38.30. 90,503 shares of the company's stock traded hands, compared to its average volume of 129,612. The company has a 50-day simple moving average of $46.13 and a two-hundred day simple moving average of $43.13. Komatsu has a 1-year low of $30.65 and a 1-year high of $52.74. The company has a market cap of $35.63 billion, a price-to-earnings ratio of 14.03, a PEG ratio of 2.30 and a beta of 1.07. The company has a quick ratio of 1.12, a current ratio of 1.96 and a debt-to-equity ratio of 0.19.

Analyst Upgrades and Downgrades

KMTUY has been the subject of a number of recent research reports. The Goldman Sachs Group raised Komatsu from a "hold" rating to a "strong-buy" rating in a report on Sunday, October 4th. Zacks Research upgraded Komatsu from a "strong sell" rating to a "hold" rating in a research report on Monday, August 3rd. Finally, Citigroup raised Komatsu from a "hold" rating to a "strong-buy" rating in a report on Friday, September 25th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Komatsu has an average rating of "Buy".

Komatsu Company Profile

Komatsu Ltd. is a Japan-based manufacturer of construction, mining, forestry and industrial equipment. Its product portfolio includes hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, underground mining machinery and other equipment used in infrastructure development, resource extraction and material handling.

The company also provides equipment parts, maintenance and repair services, fleet-management technologies and digital solutions. Its Smart Construction platform is designed to help customers plan, monitor and improve job-site operations, while Komatsu develops automation and remote-control systems for construction and mining applications.

Komatsu traces its origins to Komatsu Iron Works, established in Ishikawa Prefecture, Japan, in 1921.

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