OTCMKTS:MKTAY

Makita Stock Forecast, Price & News

$49.67

+1.34 (+2.77 %)

(As of 01/25/2021 12:00 AM ET)

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Today's Range

$48.00

Now: $49.67▼

$49.89

50-Day Range

$46.78

MA: $49.72▼

$52.41

52-Week Range

$23.39

Now: $49.67▼

$54.39

Volume15,358 shs

Average Volume15,461 shs

Market Capitalization$13.49 billion

P/E Ratio29.92

Dividend Yield0.29%

Beta1.02

Makita Corporation engages in the manufacture and sale of electric power tools, pneumatic tools, and gardening and household equipment in Japan, Europe, North America, rest of Asia, Central and South America, Oceania, and the Middle East and Africa. 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. Makita Corporation markets its products under the Makita brand. 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.

MarketRank^™

Overall MarketRank^™

1.17 out of 5 stars

Consumer Discretionary Sector

233rd out of 567 stocks

Metalworking Machinery & Equipment Industry

4th out of 9 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Makita.

2.3 Community Rank

Outperform Votes
Makita has received 117 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Makita has received 141 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Makita has received 54.65% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Makita and other stocks. Vote “Outperform” if you believe MKTAY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MKTAY will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Makita has a dividend yield of 0.29%, 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 7.45%. 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 6.76% next year. This indicates that Makita will be able to sustain or increase its dividend.

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 0.18% of the stock of Makita is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Makita are expected to grow by 15.00% in the coming year, from $1.80 to $2.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Makita is 29.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Makita is 29.92, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 47.24.
Price to Book Value per Share Ratio
Makita has a P/B Ratio of 2.55. 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

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Metalworking machinery & equipment

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolOTCMKTS:MKTAY

Previous Symbol

CUSIPN/A

CIK202467

Webwww.makita.co.jp

Phone815-6698-1711

Employees17,090

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio5.23

Quick Ratio2.91

Price-To-Earnings

Trailing P/E Ratio29.92

Forward P/E Ratio27.59

P/E GrowthN/A

Sales & Book Value

Annual Sales$4.52 billion

Price / Sales2.98

Cash Flow$2.14 per share

Price / Cash Flow23.18

Book Value$19.51 per share

Price / Book2.55

Profitability

EPS (Most Recent Fiscal Year)$1.88

Net Income$439.13 million

Net Margins8.06%

Return on Equity6.91%

Return on Assets5.84%

Miscellaneous

Outstanding Shares271,517,000

Market Cap$13.49 billion

Next Earnings Date2/4/2021 (Estimated)

OptionableNot Optionable

$49.67

+1.34 (+2.77 %)

(As of 01/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Makita (OTCMKTS:MKTAY) Frequently Asked Questions

How has Makita's stock price been impacted by Coronavirus (COVID-19)?

Makita's stock was trading at $30.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MKTAY shares have increased by 63.2% and is now trading at $49.67.
View which stocks have been most impacted by COVID-19.

Is Makita a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Makita in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Makita stock.
View analyst ratings for Makita or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Makita?

Wall Street analysts have given Makita a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Makita wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Makita's next earnings date?

Makita is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Makita.

How were Makita's earnings last quarter?

Makita Co. (OTCMKTS:MKTAY) released its earnings results on Friday, October, 30th. The company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.04. The company earned $1.14 billion during the quarter, compared to analysts' expectations of $1.15 billion. Makita had a trailing twelve-month return on equity of 6.91% and a net margin of 8.06%.
View Makita's earnings history.

Is Makita a good dividend stock?

Makita pays an annual dividend of $0.14 per share and currently has a dividend yield of 0.29%. The dividend payout ratio of Makita is 7.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Makita will have a dividend payout ratio of 6.76% next year. This indicates that Makita will be able to sustain or increase its dividend.
View Makita's dividend history.

Who are some of Makita's key competitors?

Some companies that are related to Makita include Lincoln Electric (LECO), SPX (SPXC), SPX FLOW (FLOW), Chicago Rivet & Machine (CVR), P&F Industries (PFIN), Productivity Technologies (PRAC) and Riviera Tool (RIVT).
View all of MKTAY's competitors.

Who are Makita's key executives?

Makita's management team includes the following people:

Mr. Munetoshi Goto, Pres & Representative Director
Mr. Tadayoshi Torii, Managing Corp. Officer, GM of Production Headquarters & Director (Age 74)
Mr. Hisayoshi Niwa, Corp. Officer, GM of Quality Headquarters & Director (Age 71)
Mr. Shinichiro Tomita, Corp. Officer, GM of Purchasing Headquarters & Director (Age 69)
Mr. Tetsuhisa Kaneko, Corp. Officer, GM of R&D Headquarters and Director (Age 65)
Mr. Tomoyuki Ota, Corp. Officer, Assistant GM of R&D Headquarters and Director
Takashi Omote, Corp. Officer, GM of International Sales Headquarters & Director
Takashi Tsuchiya, Corp. Officer, GM of Domestic Sales Marketing Headquarters & Director
Masaki Yoshida, Corp. Officer, Assistant GM of Production Headquarters & Director
Tomoharu Yasuda, Corp. Officer and Assistant GM of Domestic Sales & Marketing Headquarters for Tokyo Area

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 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.

What is Makita's stock price today?

One share of MKTAY stock can currently be purchased for approximately $49.67.

How big of a company is Makita?

Makita has a market capitalization of $13.49 billion and generates $4.52 billion in revenue each year. The company earns $439.13 million in net income (profit) each year or $1.88 on an earnings per share basis. Makita employs 17,090 workers across the globe.

What is Makita's official website?

The official website for Makita is www.makita.co.jp.

How can I contact Makita?

Makita's mailing address is 3-11-8 Sumiyoshi-cho, ANJO M0, 446-8502. The company can be reached via phone at 815-6698-1711.

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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