Komatsu (OTCMKTS:KMTUY) Sees Strong Trading Volume - Time to Buy?

Key Points

• Komatsu Ltd. experienced a significant increase in trading volume, with 1,218,477 shares traded on Thursday, marking a 626% rise from the previous day's volume.
• The stock has been downgraded by Zacks Research from a "hold" rating to a "strong sell" rating, with a current consensus rating of "Reduce."
• Despite a market capitalization of $33.15 billion, Komatsu reported lower-than-expected earnings for the last quarter, missing estimates and achieving a net margin of 10.37%.

Shares of Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) saw an uptick in trading volume on Thursday . 1,218,477 shares were traded during trading, an increase of 626% from the previous session's volume of 167,819 shares.The stock last traded at $34.85 and had previously closed at $35.57.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Komatsu from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 26th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Reduce".

Komatsu Stock Performance

The firm has a market cap of $33.15 billion, a price-to-earnings ratio of 11.43, a PEG ratio of 5.07 and a beta of 0.99. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.15 and a current ratio of 2.00. The stock's fifty day moving average is $34.54 and its two-hundred day moving average is $31.90.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last released its earnings results on Tuesday, July 29th. The industrial products company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.05). Komatsu had a net margin of 10.37% and a return on equity of 13.05%. The company had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.49 billion. On average, analysts expect that Komatsu Ltd. will post 2.73 earnings per share for the current fiscal year.

Komatsu Company Profile

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.

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