Kubota (OTCMKTS:KUBTY) Lowered to Strong Sell Rating by Zacks Research

Key Points

• Zacks Research has downgraded Kubota (OTCMKTS:KUBTY) from a "hold" rating to a "strong sell" rating, reflecting a significant shift in analyst sentiment.
• The company's latest earnings report showed an EPS of $1.54, which was below the consensus estimate of $1.59, with revenues reported at $5.04 billion.
• Kubota's stock currently has a market cap of $14.44 billion, with a P/E ratio of 12.43 and a consensus rating of "Hold" from analysts.

Kubota (OTCMKTS:KUBTY - Get Free Report) was downgraded by equities researchers at Zacks Research from a "hold" rating to a "strong sell" rating in a report released on Tuesday,Zacks.com reports.

Several other equities analysts have also commented on KUBTY. UBS Group lowered shares of Kubota from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 20th. The Goldman Sachs Group raised shares of Kubota from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".

Kubota Trading Up 0.9%

Shares of KUBTY stock traded up $0.54 on Tuesday, hitting $63.79. 4,810 shares of the company's stock traded hands, compared to its average volume of 41,039. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.31 and a current ratio of 1.75. Kubota has a one year low of $51.65 and a one year high of $74.95. The company's fifty day simple moving average is $59.30 and its 200 day simple moving average is $58.29. The stock has a market capitalization of $14.73 billion, a price-to-earnings ratio of 12.68 and a beta of 0.95.

Kubota (OTCMKTS:KUBTY - Get Free Report) last released its earnings results on Tuesday, August 5th. The industrial products company reported $1.54 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.05). Kubota had a net margin of 5.97% and a return on equity of 6.50%. The business had revenue of $5.04 billion for the quarter, compared to the consensus estimate of $752.88 billion. Equities analysts forecast that Kubota will post 5.57 EPS for the current year.

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.