Kubota (OTCMKTS:KUBTY) Announces Earnings Results

Kubota (OTCMKTS:KUBTY - Get Free Report) issued its quarterly earnings results on Friday. The industrial products company reported $1.18 EPS for the quarter, missing analysts' consensus estimates of $2.10 by ($0.92), Zacks reports. Kubota had a return on equity of 8.73% and a net margin of 7.63%. The company had revenue of $4.91 billion during the quarter, compared to the consensus estimate of $5.17 billion.

Kubota Stock Down 3.5 %

OTCMKTS:KUBTY traded down $2.00 on Friday, reaching $55.00. 28,097 shares of the stock traded hands, compared to its average volume of 47,535. The company has a current ratio of 1.65, a quick ratio of 1.23 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $12.70 billion, a price-to-earnings ratio of 8.42, a PEG 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 $80.60. The company's fifty day simple moving average is $59.73 and its 200 day simple moving average is $60.92.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Kubota from a "strong sell" rating to a "hold" rating in a report on Tuesday, February 4th.

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.

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