Kubota Co. (OTCMKTS:KUBTY) Short Interest Update

Kubota Co. (OTCMKTS:KUBTY - Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 1,800 shares, an increase of 1,700.0% from the April 30th total of 100 shares. Based on an average daily volume of 98,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company's shares are short sold.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. UBS Group downgraded Kubota from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 20th. The Goldman Sachs Group upgraded Kubota from a "strong sell" rating to a "hold" rating in a report on Tuesday, February 4th.

Kubota Trading Down 3.8%

KUBTY stock traded down $2.15 during mid-day trading on Monday, reaching $55.15. The company's stock had a trading volume of 645,891 shares, compared to its average volume of 55,977. The company has a market cap of $12.74 billion, a price-to-earnings ratio of 8.45, a price-to-earnings-growth ratio of 5.29 and a beta of 1.07. Kubota has a 12 month low of $51.65 and a 12 month high of $74.95. The business's 50 day moving average price is $57.17 and its 200 day moving average price is $59.98. The company has a current ratio of 1.65, a quick ratio of 1.23 and a debt-to-equity ratio of 0.50.

Kubota (OTCMKTS:KUBTY - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The industrial products company reported $1.18 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $5.17 billion. On average, equities research analysts predict that Kubota will post 5.57 EPS for the current year.

Kubota Company Profile

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.