Komatsu (OTCMKTS:KMTUY) Sets New 12-Month High - Should You Buy?

Shares of Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $33.82 and last traded at $32.65, with a volume of 165721 shares. The stock had previously closed at $32.20.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Komatsu from a "strong sell" rating to a "hold" rating in a report on Monday, March 31st.

Komatsu Trading Up 1.7%

The business's fifty day moving average is $30.65 and its 200-day moving average is $29.49. The firm has a market cap of $31.59 billion, a P/E ratio of 10.68, a price-to-earnings-growth ratio of 6.30 and a beta of 0.96. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.04 and a current ratio of 1.91.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.17. The business had revenue of $8.03 billion during the quarter, compared to analyst estimates of $1,082.32 billion. Komatsu had a net margin of 10.70% and a return on equity of 13.56%. Analysts predict that Komatsu Ltd. will post 2.73 EPS for the current year.

About Komatsu

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries. It operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others.