Kubota (OTCMKTS:KUBTY) Stock Rating Upgraded by The Goldman Sachs Group

Key Points

• The Goldman Sachs Group upgraded Kubota from a "hold" rating to a "strong-buy" rating, indicating increased confidence in the company's stock potential.
• In contrast, UBS Group downgraded Kubota from a "strong-buy" to a "hold" rating on the same day, highlighting mixed analyst opinions about the stock.
• Kubota's recent earnings report showed earnings per share of $1.54, missing the consensus estimate by $0.05, and total revenue significantly below expectations at $5.04 billion.

Kubota (OTCMKTS:KUBTY - Get Free Report) was upgraded by analysts at The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a report issued on Tuesday,Zacks.com reports.

Separately, UBS Group lowered shares of Kubota from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 20th.

Kubota Stock Performance

OTCMKTS KUBTY traded up $1.78 on Tuesday, hitting $61.24. 10,221 shares of the company's stock traded hands, compared to its average volume of 19,169. The company has a current ratio of 1.67, a quick ratio of 1.25 and a debt-to-equity ratio of 0.51. Kubota has a 1-year low of $51.65 and a 1-year high of $74.95. The firm's 50-day moving average price is $56.09 and its two-hundred day moving average price is $58.61. The firm has a market capitalization of $14.14 billion, a PE ratio of 12.17, a P/E/G ratio of 5.51 and a beta of 1.04.

Kubota (OTCMKTS:KUBTY - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $1.54 earnings per share for the quarter, missing analysts' consensus estimates of $1.59 by ($0.05). Kubota had a net margin of 5.97% and a return on equity of 6.57%. The firm had revenue of $5.04 billion during the quarter, compared to analysts' expectations of $752.88 billion. As a group, analysts expect that Kubota will post 5.57 EPS for the current year.

Kubota Company Profile

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.