OTCMKTS:MKTAY Makita (MKTAY) Stock Forecast, Price & News $27.76 -0.40 (-1.42%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$27.63▼$27.8650-Day Range$23.13▼$29.7652-Week Range$17.75▼$29.76Volume15,448 shsAverage Volume38,521 shsMarket Capitalization$7.54 billionP/E Ratio36.53Dividend Yield0.18%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsEarningsFinancialsHeadlinesShort Interest Makita MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth46.58%From $0.73 to $1.07 Per ShareSee Full Details Hide Full Details 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 RatingThere is not enough analysis data for Makita. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of Makita have been sold short.Short Interest Ratio / Days to CoverMakita 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 monthShort interest in Makita has recently decreased by 30.00%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldMakita has a dividend yield of 0.18%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMakita does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Makita is 6.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MKTAY. Previous Next 0.6 News and Social Media Coverage Search Interest1 people have searched for MKTAY on MarketBeat in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Makita insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Makita is held by insiders.Percentage Held by InstitutionsOnly 0.05% of the stock of Makita is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings 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 MarketThe 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. SectorThe 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 RatioMakita 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. Previous Next See Top Rated MarketRank™ Stocks Here About Makita (OTCMKTS:MKTAY) StockMakita 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.Read More Receive MKTAY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Makita and its competitors with MarketBeat's FREE daily newsletter. Email Address MKTAY Stock News HeadlinesMay 28, 2023 | americanbankingnews.comMakita (OTCMKTS:MKTAY) Stock Crosses Above 200 Day Moving Average of $24.71May 1, 2023 | bizjournals.comPower tool maker Makita to lay off hundreds, including Georgia workersJune 8, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (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.comMiter Saw Blades Market Share, Industry Size, Growth, Opportunities and Forecast to 2030 | Makita, Hitachi, Freud Tools, IrwinApril 27, 2023 | marketwatch.comWall Saw Machine Market Report Provides In-Depth Analysis, Industry Share and Regional Analysis – Husqvarna, Makita, HiltiApril 27, 2023 | marketwatch.comWall Saw Blade Market - Latest Report on the Current Trends and Future Opportunities to 2030 – Husqvarna, Makita, HiltiMarch 31, 2023 | americanbankingnews.comMakita Co. Forecasted to Post FY2023 Earnings of $0.38 Per Share (OTCMKTS:MKTAY)March 27, 2023 | msn.comPack’er Up Bois, Makita Just Dropped a Cordless Microwave for JobsitesJune 8, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (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.February 23, 2023 | dailymail.co.ukMake 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% offJanuary 31, 2023 | theglobeandmail.comS&P Futures Fall On Jitters Ahead of Fed MeetingJanuary 30, 2023 | finance.yahoo.comMakita Corporation (MKTAY) Stock Historical Prices & Data - Yahoo FinanceAugust 12, 2022 | reuters.comMKTAY.PQ - Makita Corporation (ADR) | Stock Price & Latest News | ReutersAugust 5, 2022 | msn.comMakita recalls cordless hedge trimmers due to laceration hazardAugust 4, 2022 | nasdaq.comMakita Recalls Cordless Hedge TrimmersJuly 27, 2022 | marketwatch.comMakita Shares Slump After First-Quarter Net Profit Fell 51%July 19, 2022 | marketwatch.comPower Tool Accessories Market Size, Growth, Share and Forecast to 2022-2027March 4, 2022 | msn.comBest Makita drillsJanuary 19, 2022 | nasdaq.comMakita Corporation ADR (MKTAY)November 4, 2021 | msn.comDrill, Drive, and Fasten With the Makita Compact Brushless Cordless 2-Piece Combo Kit, Now $158October 26, 2021 | sg.finance.yahoo.comMakita Corporation (6586.T)July 28, 2021 | markets.businessinsider.comMakita earnings: here's what Wall Street expectsJuly 28, 2021 | markets.businessinsider.comMakita is about to announce its earnings — here's what Wall Street expectsApril 26, 2021 | markets.businessinsider.comMakita is about to announce its earnings — here's what to expectApril 21, 2021 | markets.businessinsider.comMakita U.S.A. Breaks Ground On Major Expansion In Atlanta RegionApril 21, 2021 | news.yahoo.comMore details emerge about Makita site, including employment and operationsApril 1, 2021 | msn.comMakita Pushes Cordless Power Forward With New Battery PlatformSee More Headlines MKTAY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MKTAY Company Calendar Today6/08/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Metalworking machinery & equipment Sub-IndustryN/A SectorConsumer Discretionary Current SymbolOTCMKTS:MKTAY CUSIPN/A CIK202467 Webwww.makita.co.jp Phone(156) 698-1711Fax81 0 566-98-6021Employees20,233Year Founded1971Profitability EPS (Most Recent Fiscal Year)$0.76 Trailing P/E Ratio36.53 Forward P/E Ratio38.03 P/E GrowthN/ANet Income$479.40 million Net Margins3.63% Pretax MarginN/A Return on Equity3.50% Return on Assets2.45% Debt Debt-to-Equity RatioN/A Current Ratio2.48 Quick Ratio0.78 Sales & Book Value Annual Sales$5.47 billion Price / Sales1.38 Cash Flow$2.77 per share Price / Cash Flow10.01 Book Value$24.67 per share Price / Book1.13Miscellaneous Outstanding Shares271,530,000Free FloatN/AMarket Cap$7.54 billion OptionableNot Optionable Beta0.91 Social Links Key ExecutivesMunetoshi GotoPresident & Representative DirectorTetsuhisa KanekoDirector & General Manager-Technology DevelopmentShinichiro TomitaDirector, Executive Officer & GM-PurchasingTomoyuki OtaDirector, Executive Officer & GM-QualityTakashi TsuchiyaDirector, Executive Officer & GM-Domestic SalesKey CompetitorsAlliance Sports GroupOTCMKTS:BOLLArchonOTCMKTS:ARHNATC Venture GroupOTCMKTS:ATCVAVPOTCMKTS:AVPIBB LiquidatingOTCMKTS:BLIBQView 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Makita Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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