Komatsu (OTCMKTS:KMTUY) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research cut shares of Komatsu (OTCMKTS:KMTUY) from a hold rating to a strong sell rating in a research report sent to investors on Wednesday,Zacks.com reports.

Komatsu Stock Down 1.0%

Komatsu stock opened at $32.84 on Wednesday. Komatsu has a fifty-two week low of $24.75 and a fifty-two week high of $39.56. The firm has a market capitalization of $31.23 billion, a price-to-earnings ratio of 10.91, a price-to-earnings-growth ratio of 4.95 and a beta of 1.01. The stock’s fifty day moving average is $34.59 and its two-hundred day moving average is $33.37. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.15 and a current ratio of 2.00.

Komatsu (OTCMKTS:KMTUY) last issued its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $0.63 EPS for the quarter, meeting analysts’ consensus estimates of $0.63. Komatsu had a net margin of 10.25% and a return on equity of 12.62%. The firm had revenue of $6.45 billion for the quarter, compared to analysts’ expectations of $6.56 billion. Analysts predict that Komatsu will post 2.73 EPS for the current fiscal year.

About Komatsu

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries. It operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others.