Kubota Co. (OTCMKTS:KUBTY) Short Interest Update

Kubota Co. (OTCMKTS:KUBTY - Get Free Report) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 100 shares, a decline of 94.4% from the May 15th total of 1,800 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 139,800 shares, the days-to-cover ratio is presently 0.0 days.

Kubota Stock Performance

OTCMKTS KUBTY traded down $0.08 on Friday, reaching $56.12. The stock had a trading volume of 24,238 shares, compared to its average volume of 54,710. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.23 and a current ratio of 1.65. The stock has a market cap of $12.96 billion, a P/E ratio of 8.59, a price-to-earnings-growth ratio of 5.29 and a beta of 1.03. The business's 50-day moving average price is $56.45 and its 200 day moving average price is $59.59. Kubota has a 12-month low of $51.65 and a 12-month high of $74.95.

Kubota (OTCMKTS:KUBTY - Get Free Report) last announced its quarterly earnings data on Friday, May 9th. The industrial products company reported $1.18 EPS for the quarter, missing analysts' consensus estimates of $2.10 by ($0.92). Kubota had a net margin of 7.63% and a return on equity of 8.73%. The firm had revenue of $4.91 billion during the quarter, compared to analyst estimates of $5.17 billion. As a group, equities analysts expect that Kubota will post 5.57 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, UBS Group downgraded shares of Kubota from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 20th.

About Kubota

Kubota Corporation manufactures and sells agricultural and construction machinery in Japan, North America, Europe, Asia, and internationally. It operates through three segments: Farm & Machinery, Water & Environment, and Others. The Farm & Machinery segment offers tractors, power tillers, combine harvesters, rice transplanters, turf equipment, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery, vegetable production equipment, intermediate management machine, and other equipment; cooperative drying, rice seedling, and gardening facilities; scales, weighing and measuring control systems, and air purifier; engines for farm equipment, construction machinery, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track loaders, and other construction machinery related products.