OTCMKTS:MKTAY Makita (MKTAY) Stock Forecast, Price & News $24.92 -0.16 (-0.64%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$24.76▼$24.9850-Day Range$24.92▼$31.6352-Week Range$17.75▼$31.88Volume16,639 shsAverage Volume11,276 shsMarket CapitalizationN/AP/E Ratio32.78Dividend Yield0.44%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsEarningsFinancialsHeadlinesShort Interest Makita MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthyDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth21.93%From $1.14 to $1.39 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.2.32 out of 5 stars N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Makita. Previous Next 4.0 Short Interest Percentage of Shares ShortedShort 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 89.29%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldMakita has a dividend yield of 0.43%, 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 14.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Makita will have a dividend payout ratio of 7.91% 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 3.2 News and Social Media Coverage News SentimentMakita has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article for Makita this week, compared to 0 articles on an average week.MarketBeat Follows2 people have added Makita to their MarketBeat watchlist 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Makita are expected to grow by 21.93% in the coming year, from $1.14 to $1.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Makita is 32.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Makita is 32.78, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.84.Price to Book Value per Share RatioMakita has a P/B Ratio of 1.18. 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 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. The company was formerly known as Makita Electric Works, Ltd. and changed its name to Makita Corporation in April 1991. Makita Corporation was founded in 1915 and is headquartered in Anjo, Japan.Read More MKTAY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MKTAY Stock News HeadlinesSeptember 21, 2023 | americanbankingnews.comMakita (OTCMKTS:MKTAY) Shares Pass Below 200 Day Moving Average of $26.98August 3, 2023 | msn.comMakita’s Portable Microwave Means Hot Lunches Without Needing an OutletSeptember 29, 2023 | The Oxford Club (Ad)Better Than Oil Stocks?The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. August 2, 2023 | msn.comMakita Corporation - ADR (MKTAY) Price Target Increased by 14.45% to 30.42August 1, 2023 | marketwatch.comMakita Shares Jump After Quarterly Profit Rises on Lower CostsJuly 21, 2023 | msn.comSun Joe Ion Cordless Mower Vs. Makita 36V Cordless Mower: Which One Is Best?May 1, 2023 | bizjournals.comPower tool maker Makita to lay off hundreds, including Georgia workersApril 28, 2023 | marketwatch.comMiter Saw Blades Market Share, Industry Size, Growth, Opportunities and Forecast to 2030 | Makita, Hitachi, Freud Tools, IrwinSeptember 29, 2023 | The Oxford Club (Ad)Better Than Oil Stocks?The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. April 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 27, 2023 | msn.comPack’er Up Bois, Makita Just Dropped a Cordless Microwave for JobsitesFebruary 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 expectSee More Headlines 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 Company Calendar Last Earnings7/31/2023Today9/29/2023Fiscal 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 0 566-98-6021Employees18,804Year Founded1971Profitability EPS (Most Recent Fiscal Year)$0.76 Trailing P/E Ratio32.78 Forward P/E Ratio21.86 P/E GrowthN/ANet Income$86.62 million Net Margins3.74% Pretax Margin3.12% Return on Equity3.68% Return on Assets2.54% Debt Debt-to-Equity RatioN/A Current Ratio2.58 Quick Ratio1.03 Sales & Book Value Annual Sales$5.47 billion Price / SalesN/A Cash Flow$2.45 per share Price / Cash Flow10.15 Book Value$21.14 per share Price / Book1.18Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta0.93 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Munetoshi GotoPres & Representative DirectorMr. Yukihiro OtsuCorp. Officer, GM of Admin. Headquarters & DirectorMr. Shinichiro Tomita (Age 72)Corp. Officer, GM of Purchasing Headquarters & Director Mr. Tetsuhisa Kaneko (Age 68)Corp. Officer, GM of R&D Headquarters and Director Mr. Tomoyuki OtaCorp. Officer, GM of Quality Headquarters & DirectorTakashi OmoteCorp. Officer, GM of International Sales Headquarters & DirectorTakashi TsuchiyaCorp. Officer, GM of Domestic Sales Headquarters & DirectorMasaki YoshidaCorp. Officer, GM of Production Headquarters & DirectorTomoharu YasudaCorp. Officer and Assistant GM of Domestic Sales & Marketing Headquarters for Tokyo AreaHideki ShimazoeCorp. Officer & Assistant GM of Domestic Sales Marketing Headquarters - Nagoya AreaMore ExecutivesKey CompetitorsAfterMasterOTCMKTS:AFTMArchonOTCMKTS:ARHNATC Venture GroupOTCMKTS:ATCVAVPOTCMKTS:AVPIBB LiquidatingOTCMKTS:BLIBQView All Competitors MKTAY Stock - Frequently Asked Questions Should I buy or sell Makita stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Makita in the last twelve months. There are currently 1 sell rating, 1 hold rating 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 at the beginning of the year. Since then, MKTAY stock has increased by 6.6% and is now trading at $24.9150. View the best growth stocks for 2023 here. Are investors shorting Makita? Makita saw a decline in short interest in September. As of September 15th, there was short interest totaling 300 shares, a decline of 89.3% from the August 31st total of 2,800 shares. Based on an average trading volume of 20,900 shares, the short-interest ratio is currently 0.0 days. View Makita's Short Interest. How were Makita's earnings last quarter? Makita Co. (OTCMKTS:MKTAY) posted its quarterly earnings data on Monday, July, 31st. The company reported $0.30 earnings per share for the quarter. The business had revenue of $1.34 billion for the quarter. Makita had a trailing twelve-month return on equity of 3.68% and a net margin of 3.74%. Is Makita a good dividend stock? Makita (OTCMKTS:MKTAY) pays an annual dividend of $0.11 per share and currently has a dividend yield of 0.43%. The dividend payout ratio is 14.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTAY will have a dividend payout ratio of 7.91% 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 $24.92. How many employees does Makita have? The company employs 18,804 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 9/29/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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