Kubota (OTCMKTS:KUBTY) Downgraded by UBS Group to Hold

Kubota (OTCMKTS:KUBTY - Get Free Report) was downgraded by analysts at UBS Group from a "strong-buy" rating to a "hold" rating in a research note issued on Tuesday,Zacks.com reports.

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

Kubota Trading Down 2.4%

Shares of KUBTY stock opened at $55.07 on Tuesday. Kubota has a 1-year low of $51.65 and a 1-year high of $74.95. The company has a market cap of $12.72 billion, a price-to-earnings ratio of 8.43, a PEG ratio of 5.29 and a beta of 1.07. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.65 and a quick ratio of 1.23. The stock has a 50 day simple moving average of $58.33 and a 200-day simple moving average of $60.42.

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

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