OTCMKTS:MKTAY

Makita (MKTAY) Stock Forecast, Price & News

$24.92

-0.16 (-0.64%)

(As of 09/28/2023 ET)

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Today's Range: $24.76
▼
$24.98
50-Day Range: $24.92
▼
$31.63
52-Week Range: $17.75
▼
$31.88

Volume: 16,639 shs
Average Volume: 11,276 shs
Market Capitalization: N/A

P/E Ratio: 32.78
Dividend Yield: 0.44%
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
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 21.93%
From $1.14 to $1.39 Per Share

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 Rating
There is not enough analysis data for Makita.

4.0

Short Interest

Percentage of Shares Shorted
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 89.29%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Makita has a dividend yield of 0.43%, 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 14.47%. 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 7.91% 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.

3.2

News and Social Media Coverage

News Sentiment
Makita 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 Week
MarketBeat has tracked 1 news article for Makita this week, compared to 0 articles on an average week.
MarketBeat Follows
2 people have added Makita to their MarketBeat watchlist 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings 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 Market
The 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. Sector
The 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 Ratio
Makita 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.

See Top Rated MarketRank™ Stocks Here

About Makita (OTCMKTS:MKTAY) Stock

Makita 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.

MKTAY Price History

30 days | 90 days | 365 days | Advanced Chart

MKTAY Stock News Headlines

September 21, 2023 | americanbankingnews.com

Makita (OTCMKTS:MKTAY) Shares Pass Below 200 Day Moving Average of $26.98

August 3, 2023 | msn.com

Makita’s Portable Microwave Means Hot Lunches Without Needing an Outlet

September 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.com

Makita Corporation - ADR (MKTAY) Price Target Increased by 14.45% to 30.42

August 1, 2023 | marketwatch.com

Makita Shares Jump After Quarterly Profit Rises on Lower Costs

July 21, 2023 | msn.com

Sun Joe Ion Cordless Mower Vs. Makita 36V Cordless Mower: Which One Is Best?

May 1, 2023 | bizjournals.com

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

April 28, 2023 | marketwatch.com

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

September 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.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 27, 2023 | msn.com

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

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

See More Headlines

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MKTAY Company Calendar

Last Earnings: 7/31/2023
Today: 9/29/2023
Fiscal Year End: 3/31/2024

Get Stock Alerts

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: 18,804
Year Founded: 1971

Profitability

EPS (Most Recent Fiscal Year): $0.76
Trailing P/E Ratio: 32.78
Forward P/E Ratio: 21.86
P/E Growth: N/A
Net Income: $86.62 million
Net Margins: 3.74%
Pretax Margin: 3.12%
Return on Equity: 3.68%
Return on Assets: 2.54%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.58
Quick Ratio: 1.03

Sales & Book Value

Annual Sales: $5.47 billion
Price / Sales: N/A
Cash Flow: $2.45 per share
Price / Cash Flow: 10.15
Book Value: $21.14 per share
Price / Book: 1.18

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 0.93

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Key Executives

Mr. Munetoshi Goto
Pres & Representative Director

Mr. Yukihiro Otsu
Corp. Officer, GM of Admin. Headquarters & Director

Mr. 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 Ota
Corp. Officer, GM of Quality Headquarters & Director

Takashi Omote
Corp. Officer, GM of International Sales Headquarters & Director

Takashi Tsuchiya
Corp. Officer, GM of Domestic Sales Headquarters & Director

Masaki Yoshida
Corp. Officer, GM of Production Headquarters & Director

Tomoharu Yasuda
Corp. Officer and Assistant GM of Domestic Sales & Marketing Headquarters for Tokyo Area

Hideki Shimazoe
Corp. Officer & Assistant GM of Domestic Sales Marketing Headquarters - Nagoya Area

Key Competitors

View 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

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