OTCMKTS:MKTAY

Makita (MKTAY) Stock Price, News & Analysis

$26.82
-0.22 (-0.81%)
(As of 04/24/2024 ET)
Today's Range
$26.82
$27.29
50-Day Range
$25.20
$28.61
52-Week Range
$22.98
$31.88
Volume
7,128 shs
Average Volume
10,761 shs
Market Capitalization
$7.22 billion
P/E Ratio
21.98
Dividend Yield
0.37%
Price Target
N/A

Makita MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of Makita in the last 14 days
Based on 3 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.

2.59 out of 5 stars

MKTAY stock logo

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

MKTAY Stock News Headlines

“The Biggest Bubble of All Time” – Here’s What to Do.
Despite AI's incredible run-up in 2023, we're getting some conflicting messages. Analysts at JP Morgan warn that an "AI-driven bubble" could drag the entire stock market down. Folks at Morgan Stanley say AI hysteria is creating conditions like the dot-com collapse. Even AI leaders (the people who benefit the most!) are getting worried.
Makita Corp. ADR
“The Biggest Bubble of All Time” – Here’s What to Do.
Despite AI's incredible run-up in 2023, we're getting some conflicting messages. Analysts at JP Morgan warn that an "AI-driven bubble" could drag the entire stock market down. Folks at Morgan Stanley say AI hysteria is creating conditions like the dot-com collapse. Even AI leaders (the people who benefit the most!) are getting worried.
Up to 72% off Makita power tools at Amazon
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Today
4/25/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
N/A
Current Symbol
OTCMKTS:MKTAY
Employees
18,804
Year Founded
1971

Profitability

Net Income
$86.62 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$5.47 billion
Cash Flow
$2.45 per share
Book Value
$21.14 per share

Miscellaneous

Free Float
266,328,000
Market Cap
$7.22 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

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 shares have decreased by 2.5% and is now trading at $26.82.
View the best growth stocks for 2024 here
.

Are investors shorting Makita?

Makita saw a decline in short interest in April. As of April 15th, there was short interest totaling 3,100 shares, a decline of 79.2% from the March 31st total of 14,900 shares. Based on an average daily trading volume, of 23,000 shares, the days-to-cover ratio is currently 0.1 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 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.05. The business had revenue of $1.23 billion for the quarter. Makita had a net margin of 6.21% and a trailing twelve-month return on equity of 5.63%.

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 4/25/2024 by MarketBeat.com Staff

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