OTCMKTS:MKTAY

Makita (MKTAY) Stock Forecast, Price & News

$27.76

-0.40 (-1.42%)

(As of 06/7/2023 ET)

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Today's Range: $27.63
▼
$27.86
50-Day Range: $23.13
▼
$29.76
52-Week Range: $17.75
▼
$29.76

Volume: 15,448 shs
Average Volume: 38,521 shs
Market Capitalization: $7.54 billion

P/E Ratio: 36.53
Dividend Yield: 0.18%
Price Target: N/A

Profile Analyst Ratings Chart Competitors Earnings Financials Headlines Short Interest

Makita MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 46.58%
From $0.73 to $1.07 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Makita.

5.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Makita have been sold short.
Short Interest Ratio / Days to Cover
Makita has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Makita has recently decreased by 30.00%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Makita has a dividend yield of 0.18%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Makita does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Makita is 6.58%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Makita will have a dividend payout ratio of 4.67% next year. This indicates that Makita will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MKTAY.

0.6

News and Social Media Coverage

Search Interest
1 people have searched for MKTAY on MarketBeat in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Makita insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Makita is held by insiders.
Percentage Held by Institutions
Only 0.05% of the stock of Makita is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Makita are expected to grow by 46.58% in the coming year, from $0.73 to $1.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Makita is 36.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Makita is 36.53, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.65.
Price to Book Value per Share Ratio
Makita has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Makita (OTCMKTS:MKTAY) Stock

Makita Corp. engages in the production and sale of electric power tools, woodworking machines, and household equipment. It operates through the following segments: Japan, Europe, North America, and Asia. Its products include drilling, fastening, cutting, grinding, sawing, sanding, pneumatic tools, and outdoor power equipment. The company was founded by Mosaburo Makita on March 21, 1915 and is headquartered in Anjo, Japan.

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MKTAY Stock News Headlines

May 28, 2023 | americanbankingnews.com

Makita (OTCMKTS:MKTAY) Stock Crosses Above 200 Day Moving Average of $24.71

May 1, 2023 | bizjournals.com

Power tool maker Makita to lay off hundreds, including Georgia workers

June 8, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.

April 28, 2023 | marketwatch.com

Miter Saw Blades Market Share, Industry Size, Growth, Opportunities and Forecast to 2030 | Makita, Hitachi, Freud Tools, Irwin

April 27, 2023 | marketwatch.com

Wall Saw Machine Market Report Provides In-Depth Analysis, Industry Share and Regional Analysis – Husqvarna, Makita, Hilti

April 27, 2023 | marketwatch.com

Wall Saw Blade Market - Latest Report on the Current Trends and Future Opportunities to 2030 – Husqvarna, Makita, Hilti

March 31, 2023 | americanbankingnews.com

Makita Co. Forecasted to Post FY2023 Earnings of $0.38 Per Share (OTCMKTS:MKTAY)

March 27, 2023 | msn.com

Pack’er Up Bois, Makita Just Dropped a Cordless Microwave for Jobsites

June 8, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

February 23, 2023 | dailymail.co.uk

Make quick work of the dirt with this compact yet powerful cordless Makita vacuum that doubles as a convenient hand vac - and it’s now available for 43% off

January 31, 2023 | theglobeandmail.com

S&P Futures Fall On Jitters Ahead of Fed Meeting

January 30, 2023 | finance.yahoo.com

Makita Corporation (MKTAY) Stock Historical Prices & Data - Yahoo Finance

August 12, 2022 | reuters.com

MKTAY.PQ - Makita Corporation (ADR) | Stock Price & Latest News | Reuters

August 5, 2022 | msn.com

Makita recalls cordless hedge trimmers due to laceration hazard

August 4, 2022 | nasdaq.com

Makita Recalls Cordless Hedge Trimmers

July 27, 2022 | marketwatch.com

Makita Shares Slump After First-Quarter Net Profit Fell 51%

July 19, 2022 | marketwatch.com

Power Tool Accessories Market Size, Growth, Share and Forecast to 2022-2027

March 4, 2022 | msn.com

Best Makita drills

January 19, 2022 | nasdaq.com

Makita Corporation ADR (MKTAY)

November 4, 2021 | msn.com

Drill, Drive, and Fasten With the Makita Compact Brushless Cordless 2-Piece Combo Kit, Now $158

October 26, 2021 | sg.finance.yahoo.com

Makita Corporation (6586.T)

July 28, 2021 | markets.businessinsider.com

Makita earnings: here's what Wall Street expects

July 28, 2021 | markets.businessinsider.com

Makita is about to announce its earnings — here's what Wall Street expects

April 26, 2021 | markets.businessinsider.com

Makita is about to announce its earnings — here's what to expect

April 21, 2021 | markets.businessinsider.com

Makita U.S.A. Breaks Ground On Major Expansion In Atlanta Region

April 21, 2021 | news.yahoo.com

More details emerge about Makita site, including employment and operations

April 1, 2021 | msn.com

Makita Pushes Cordless Power Forward With New Battery Platform

See More Headlines

MKTAY Price History

30 days | 90 days | 365 days | Advanced Chart

MKTAY Company Calendar

Today: 6/08/2023
Fiscal Year End: 3/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Metalworking machinery & equipment
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: OTCMKTS:MKTAY
CUSIP: N/A
CIK: 202467
Web: www.makita.co.jp
Phone: (156) 698-1711
Fax: 81 0 566-98-6021
Employees: 20,233
Year Founded: 1971

Profitability

EPS (Most Recent Fiscal Year): $0.76
Trailing P/E Ratio: 36.53
Forward P/E Ratio: 38.03
P/E Growth: N/A
Net Income: $479.40 million
Net Margins: 3.63%
Pretax Margin: N/A
Return on Equity: 3.50%
Return on Assets: 2.45%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.48
Quick Ratio: 0.78

Sales & Book Value

Annual Sales: $5.47 billion
Price / Sales: 1.38
Cash Flow: $2.77 per share
Price / Cash Flow: 10.01
Book Value: $24.67 per share
Price / Book: 1.13

Miscellaneous

Outstanding Shares: 271,530,000
Free Float: N/A
Market Cap: $7.54 billion
Optionable: Not Optionable
Beta: 0.91

Social Links

Key Executives

Munetoshi Goto
President & Representative Director

Tetsuhisa Kaneko
Director & General Manager-Technology Development

Shinichiro Tomita
Director, Executive Officer & GM-Purchasing

Tomoyuki Ota
Director, Executive Officer & GM-Quality

Takashi Tsuchiya
Director, Executive Officer & GM-Domestic Sales

Key Competitors

View All Competitors

MKTAY Stock - Frequently Asked Questions

Should I buy or sell Makita stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Makita in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MKTAY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKTAY, but not buy additional shares or sell existing shares.
View MKTAY analyst ratings or view top-rated stocks.
How have MKTAY shares performed in 2023?: Makita's stock was trading at $23.38 on January 1st, 2023. Since then, MKTAY shares have increased by 18.7% and is now trading at $27.76.
View the best growth stocks for 2023 here.
Are investors shorting Makita?: Makita saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 700 shares, a decrease of 30.0% from the April 30th total of 1,000 shares. Based on an average daily trading volume, of 28,000 shares, the days-to-cover ratio is currently 0.0 days.
View Makita's Short Interest.
Is Makita a good dividend stock?: Makita (OTCMKTS:MKTAY) pays an annual dividend of $0.05 per share and currently has a dividend yield of 0.18%. The dividend payout ratio is 6.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTAY will have a dividend payout ratio of 4.67% next year. This indicates that the company will be able to sustain or increase its dividend.

What is Makita's stock symbol?: Makita trades on the OTCMKTS under the ticker symbol "MKTAY."
How do I buy shares of Makita?: Shares of MKTAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Makita's stock price today?: One share of MKTAY stock can currently be purchased for approximately $27.76.
How much money does Makita make?: Makita (OTCMKTS:MKTAY) has a market capitalization of $7.54 billion and generates $5.47 billion in revenue each year. The company earns $479.40 million in net income (profit) each year or $0.76 on an earnings per share basis.
How many employees does Makita have?: The company employs 20,233 workers across the globe.
How can I contact Makita?: Makita's mailing address is 3-11-8 Sumiyoshi-cho, ANJO M0, 446-8502. The official website for the company is www.makita.co.jp. The company can be reached via phone at (156) 698-1711 or via fax at 81 0 566-98-6021.

This page (OTCMKTS:MKTAY) was last updated on 6/8/2023 by MarketBeat.com Staff

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