Citigroup downgraded shares of Makita (OTCMKTS:MKTAY - Free Report) from a strong-buy rating to a hold rating in a research note published on Monday, April 7th,Zacks.com reports.
Separately, UBS Group upgraded shares of Makita from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 30th.
View Our Latest Stock Report on MKTAY
Makita Stock Performance
MKTAY traded down $0.20 on Monday, reaching $27.36. The company had a trading volume of 37,906 shares, compared to its average volume of 16,147. The stock has a market cap of $7.36 billion, a P/E ratio of 16.38 and a beta of 0.65. Makita has a fifty-two week low of $25.56 and a fifty-two week high of $39.05. The company's fifty day moving average is $32.08 and its 200 day moving average is $31.40.
Makita (OTCMKTS:MKTAY - Get Free Report) last posted its earnings results on Wednesday, January 29th. The company reported $0.58 EPS for the quarter. Makita had a return on equity of 7.52% and a net margin of 9.09%. On average, sell-side analysts expect that Makita will post 1.56 EPS for the current year.
Makita Company Profile
(
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Makita Corporation engages in the manufacture and sale of electric power tools, pneumatic tools, and gardening and household equipment in Japan, Europe, North America, Asia, Australia, Brazil, and the United Arab Emirates. It offers cordless, drilling/fastening, impact drilling/demolition, grinding/sanding, sawing, planning/routering, pneumatic, outdoor power, and dust extraction/other equipment, as well as accessories; and cutting equipment for new materials, masonry, and metals.
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