Komatsu (OTCMKTS:KMTUY) Shares Gap Down - Should You Sell?

Key Points

• Komatsu Ltd. shares gapped down from $36.62 to $34.48 before trading, with the latest price recorded at $35.75.
• The company reported $0.92 earnings per share for the quarter, exceeding analyst expectations of $0.75, with total revenue of $8.03 billion.
• The Goldman Sachs Group upgraded Komatsu's rating from "strong sell" to "hold" as of March 31st.

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $36.62, but opened at $34.48. Komatsu shares last traded at $35.75, with a volume of 5,344 shares.

Komatsu Stock Up 0.0%

The company has a current ratio of 2.00, a quick ratio of 1.15 and a debt-to-equity ratio of 0.15. The stock's 50 day simple moving average is $32.06 and its 200 day simple moving average is $30.27. The stock has a market capitalization of $30.85 billion, a P/E ratio of 10.64, a P/E/G ratio of 6.24 and a beta of 0.96.

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