Kubota Corp. (OTCMKTS:KUBTY - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $59.09 and traded as low as $54.57. Kubota shares last traded at $54.84, with a volume of 15,643 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, UBS Group cut shares of Kubota from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 20th.
Check Out Our Latest Stock Report on KUBTY
Kubota Stock Performance
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 stock has a market capitalization of $12.95 billion, a PE ratio of 9.98, a price-to-earnings-growth ratio of 5.01 and a beta of 1.03. The firm's fifty day moving average price is $56.28 and its two-hundred day moving average price is $59.05.
Kubota (OTCMKTS:KUBTY - Get Free Report) last posted its earnings results on Friday, May 9th. The industrial products company reported $1.18 earnings per share for the quarter, missing the consensus estimate of $2.10 by ($0.92). The firm had revenue of $4.91 billion for the quarter, compared to analysts' expectations 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 forecast 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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