Makita Corp. (OTCMKTS:MKTAY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $31.90, but opened at $29.96. Makita shares last traded at $29.95, with a volume of 1,025 shares trading hands.
Wall Street Analyst Weigh In
MKTAY has been the topic of a number of analyst reports. Citigroup downgraded shares of Makita from a "strong-buy" rating to a "hold" rating in a report on Monday, April 7th. Wall Street Zen downgraded shares of Makita from a "buy" rating to a "hold" rating in a report on Friday, May 30th.
View Our Latest Research Report on Makita
Makita Stock Performance
The stock has a 50 day moving average of $30.33 and a 200-day moving average of $30.74. The firm has a market capitalization of $8.05 billion, a P/E ratio of 16.43 and a beta of 0.65.
Makita (OTCMKTS:MKTAY - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.22 by $0.21. Makita had a return on equity of 8.16% and a net margin of 10.05%. The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $186.50 billion. As a group, sell-side analysts expect that Makita Corp. will post 1.56 EPS for the current year.
About Makita
(
Get Free Report)
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.
Read More
Before you consider Makita, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Makita wasn't on the list.
While Makita currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
