Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Up - Should You Buy?

Key Points

• Kawasaki Heavy Industries shares opened significantly higher, gapping up from $25.19 to $27.05, and last traded at $27.26 with a volume of 3,647 shares.
• Wall Street analysts have maintained a "hold" rating for the stock, with recent upgrades from CLSA noted.
• Despite a market capitalization of $11.41 billion, the company reported $0.07 EPS for the last quarter, missing estimates of $0.33 by $0.26.

Shares of Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $25.19, but opened at $27.05. Kawasaki Heavy Industries shares last traded at $27.26, with a volume of 3,647 shares.

Wall Street Analysts Forecast Growth

Separately, CLSA upgraded Kawasaki Heavy Industries to a "hold" rating in a research note on Thursday, June 19th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Kawasaki Heavy Industries presently has an average rating of "Hold".

Kawasaki Heavy Industries Trading Up 8.1%

The stock has a market capitalization of $11.41 billion, a PE ratio of 22.51 and a beta of 0.88. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.67. The company's 50 day moving average price is $26.65 and its two-hundred day moving average price is $26.09.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The industrial products company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.26). The firm had revenue of $3.31 billion for the quarter, compared to analysts' expectations of $460 billion. Kawasaki Heavy Industries had a net margin of 3.49% and a return on equity of 10.50%.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. engages in aerospace systems, energy solution and marine engineering, precision machinery and robot, rolling stock, and motorcycle and engine businesses in Japan and internationally. It manufactures aircraft for the Japan ministry of defense; helicopters; and helicopter and jet engines for commercial aircrafts.

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