Makita - MKTAY Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Makita in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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.
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Makita's stock was trading at $23.38 at the beginning of the year. Since then, MKTAY shares have increased by 6.2% and is now trading at $24.84.
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Makita saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 199,800 shares, a decrease of 38.8% from the February 13th total of 326,700 shares. Based on an average trading volume of 232,100 shares, the days-to-cover ratio is presently 0.9 days.
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Makita Co. (OTCMKTS:MKTAY) released its quarterly earnings results on Tuesday, January, 31st. The company reported $0.08 EPS for the quarter. The business had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.40 billion. Makita had a trailing twelve-month return on equity of 3.61% and a net margin of 3.76%.

Makita (OTCMKTS:MKTAY) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.41%. The dividend payout ratio is 12.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTAY will have a dividend payout ratio of 11.63% next year. This indicates that the company will be able to sustain or increase its dividend.

Makita trades on the OTCMKTS under the ticker symbol "MKTAY."

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.
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One share of MKTAY stock can currently be purchased for approximately $24.84.

Makita (OTCMKTS:MKTAY) has a market capitalization of $6.74 billion and generates $6.59 billion in revenue each year. The company earns $576.45 million in net income (profit) each year or $0.82 on an earnings per share basis.

The company employs 20,233 workers across the globe.

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.