Shares of Kubota Corp. (OTCMKTS:KUBTY - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $58.77 and traded as low as $55.96. Kubota shares last traded at $56.27, with a volume of 25,341 shares.
Wall Street Analyst Weigh In
Separately, UBS Group lowered shares of Kubota from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 20th.
Get Our Latest Research Report on KUBTY
Kubota Stock Down 3.0%
The company has a current ratio of 1.62, a quick ratio of 1.23 and a debt-to-equity ratio of 0.50. The business's fifty day moving average price is $55.85 and its two-hundred day moving average price is $58.76. The firm has a market cap of $12.56 billion, a P/E ratio of 9.67, a P/E/G ratio of 5.06 and a beta of 1.01.
Kubota (OTCMKTS:KUBTY - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The industrial products company reported $1.18 earnings per share (EPS) 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 the consensus estimate of $5.17 billion. Kubota had a net margin of 6.71% and a return on equity of 7.35%. As a group, equities research analysts anticipate that Kubota Corp. will post 5.57 EPS for the current year.
About Kubota
(
Get Free Report)
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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