How have MKTAY shares performed in 2024?

Makita's stock was trading at $27.5140 on January 1st, 2024. Since then, MKTAY stock has decreased by 1.4% and is now trading at $27.14. View the best growth stocks for 2024 here .

Are investors shorting Makita?

Makita saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 14,900 shares, an increase of 351.5% from the March 15th total of 3,300 shares. Based on an average daily trading volume, of 14,700 shares, the short-interest ratio is currently 1.0 days. View Makita's Short Interest .

How were Makita's earnings last quarter?

Makita Co. (OTCMKTS:MKTAY) announced its quarterly earnings data on Wednesday, January, 31st. The company reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.05. The firm had revenue of $1.23 billion for the quarter. Makita had a trailing twelve-month return on equity of 5.63% and a net margin of 6.21%.

Is Makita a good dividend stock?

Makita (OTCMKTS:MKTAY) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.37%. The dividend payout ratio is 8.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTAY will have a dividend payout ratio of 7.63% next year. This indicates that the company will be able to sustain or increase its dividend.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:MKTAY

Makita (MKTAY) Stock Price, News & Analysis

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$27.14

+0.18 (+0.67%)

(As of 04/18/2024 ET)

Compare

Today's Range: $27.12
▼
$27.31
50-Day Range: $25.20
▼
$28.61
52-Week Range: $22.98
▼
$31.88

Volume: 4,981 shs
Average Volume: 9,416 shs
Market Capitalization: $7.30 billion

P/E Ratio: 22.25
Dividend Yield: 0.37%
Price Target: N/A

Stock Analysis Chart Earnings Financials Headlines Short Interest

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Makita MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.01% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.21
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 39.36%
From $0.94 to $1.31 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.39 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Makita.

3.0

Short Interest

Percentage of Shares Shorted
0.01% of the outstanding shares of Makita have been sold short.
Short Interest Ratio / Days to Cover
Makita has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Makita has recently increased by 351.52%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Makita has a dividend yield of 0.37%, 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 8.20%. 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 7.63% 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.

1.8

News and Social Media Coverage

News Sentiment
Makita has a news sentiment score of 0.21. 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 lower news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Makita this week, compared to 0 articles on an average week.

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 39.36% in the coming year, from $0.94 to $1.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Makita is 22.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Makita is 22.25, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.14.
Price to Book Value per Share Ratio
Makita has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Makita Stock (OTCMKTS:MKTAY)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MKTAY Stock News Headlines

April 18, 2024 | msn.com

Is Makita's Portable Coffee Maker Actually Worth It?

April 16, 2024 | msn.com

Why Makita Discontinued The MM4 Blower (And Other Related Power Tools)

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 16, 2024 | msn.com

5 Cheaper Makita Substitutes If You're Shopping For Power Tools

April 16, 2024 | wsj.com

Makita Corp. ADR

April 14, 2024 | msn.com

Why This Makita Tool Isn't Just Another Take At A Cut-Off Saw

April 13, 2024 | msn.com

Is A New Makita Cordless 18V Framing Nailer On The Way? Here's What We Know

April 11, 2024 | msn.com

7 Affordable Handheld Makita Power Tools For Your Next Big Project

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 11, 2024 | americanbankingnews.com

Makita Co. (OTCMKTS:MKTAY) Short Interest Up 351.5% in March

April 9, 2024 | msn.com

Makita vs. Milwaukee drills: Which is best for DIYers?

April 1, 2024 | msn.com

These Makita Sanders Can Help Whip Rough Surfaces Back Into Shape

March 26, 2024 | msn.com

5 Makita Tools That Will Come In Handy While Building Custom Shelves

March 24, 2024 | msn.com

3 Makita Vacuums That Won't Break The Bank

March 22, 2024 | msn.com

5 Makita Tools For Cutting Metal Conduit And Pipes

March 20, 2024 | msn.com

Don't Miss Out On These Discounted Makita Power Tools During Amazon Prime's 2024 Big Spring Sale

March 10, 2024 | msn.com

10 New Makita Tools Waiting For Your Next Project

February 15, 2024 | msn.com

5 Basic Makita Tools No Handyman Should Be Without

January 29, 2024 | msn.com

Makita Vs Milwaukee: Which Brand Offers The Better Warranty?

January 29, 2024 | msn.com

How To Choose The Right Drill Bits For Your Makita Drill

January 25, 2024 | msn.com

Up to 72% off Makita power tools at Amazon

January 11, 2024 | msn.com

5 Makita Tools For A Great Looking Yard This Spring

December 30, 2023 | msn.com

5 Most Useful Makita Products That Aren't Tools

December 21, 2023 | msn.com

These Makita Outdoor Adventure Products Will Help Level-Up Your Next Camping Trip

December 17, 2023 | msn.com

Makita Tools That Could Help You With Your Next Concrete & Masonry Project

November 24, 2023 | msn.com

What Makes Makita's Heated Vest So Expensive? And Is It Worth It?

November 16, 2023 | msn.com

4 Makita Stocking Stuffers Perfect For The Holidays

See More Headlines

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Company Calendar

Last Earnings: 1/31/2024
Today: 4/19/2024
Fiscal Year End: 3/31/2025

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Consumer Discretionary
Industry: Metalworking machinery & equipment
Sub-Industry: N/A
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): $1.22
Trailing P/E Ratio: 22.25
Forward P/E Ratio: 28.87
P/E Growth: N/A
Net Income: $86.62 million
Net Margins: 6.21%
Pretax Margin: N/A
Return on Equity: 5.63%
Return on Assets: 4.24%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.96
Quick Ratio: 1.57

Sales & Book Value

Annual Sales: $5.47 billion
Price / Sales: 1.33
Cash Flow: $2.49 per share
Price / Cash Flow: 10.91
Book Value: $21.14 per share
Price / Book: 1.28

Miscellaneous

Outstanding Shares: 269,020,000
Free Float: 266,328,000
Market Cap: $7.30 billion
Optionable: Not Optionable
Beta: 0.77

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Key Executives

Mr. Munetoshi Goto
President & Representative Director
Mr. Yukihiro Otsu
Corporate Officer, GM of Administration Headquarters & Director
Mr. Shinichiro Tomita (Age 73)
Corporate Officer, GM of Purchasing Headquarters & Director
Mr. Tetsuhisa Kaneko (Age 69)
Corporate Officer, GM of Research & Development Headquarters and Director
Mr. Tomoyuki Ota
Corporate Officer, GM of Quality Headquarters & Director
Takashi Omote
Corporate Officer, GM of International Sales Headquarters & Director
Takashi Tsuchiya
Corporate Officer, GM of Domestic Sales Headquarters & Director
Masaki Yoshida
Corporate Officer, GM of Production Headquarters & Director
Tomoharu Yasuda
Corporate Officer and Assistant GM of Domestic Sales & Marketing Headquarters for Tokyo Area
Hideki Shimazoe
Corporate Officer & Assistant GM of Domestic Sales Marketing Headquarters - Nagoya Area

Key Competitors

View All Competitors

MKTAY Stock Analysis - Frequently Asked Questions

How have MKTAY shares performed in 2024?: Makita's stock was trading at $27.5140 on January 1st, 2024. Since then, MKTAY stock has decreased by 1.4% and is now trading at $27.14.
View the best growth stocks for 2024 here.
Are investors shorting Makita?: Makita saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 14,900 shares, an increase of 351.5% from the March 15th total of 3,300 shares. Based on an average daily trading volume, of 14,700 shares, the short-interest ratio is currently 1.0 days.
View Makita's Short Interest.
How were Makita's earnings last quarter?: Makita Co. (OTCMKTS:MKTAY) announced its quarterly earnings data on Wednesday, January, 31st. The company reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.05. The firm had revenue of $1.23 billion for the quarter. Makita had a trailing twelve-month return on equity of 5.63% and a net margin of 6.21%.

Is Makita a good dividend stock?: Makita (OTCMKTS:MKTAY) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.37%. The dividend payout ratio is 8.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTAY will have a dividend payout ratio of 7.63% next year. This indicates that the company will be able to sustain or increase its dividend.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:MKTAY) was last updated on 4/19/2024 by MarketBeat.com Staff

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