Komatsu (OTCMKTS:KMTUY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Komatsu (OTCMKTS:KMTUY) from a strong sell rating to a hold rating in a research report released on Monday morning,Zacks.com reports.

Komatsu Price Performance

Shares of OTCMKTS KMTUY opened at $35.23 on Monday. The firm has a market cap of $32.78 billion, a P/E ratio of 11.71, a price-to-earnings-growth ratio of 5.26 and a beta of 1.02. The business’s 50 day moving average is $32.81 and its 200-day moving average is $33.90. The company has a current ratio of 2.09, a quick ratio of 1.13 and a debt-to-equity ratio of 0.18. Komatsu has a 1-year low of $24.75 and a 1-year high of $39.56.

Komatsu (OTCMKTS:KMTUY) last released its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $0.63 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.63. The business had revenue of $6.45 billion during the quarter, compared to the consensus estimate of $6.56 billion. Komatsu had a return on equity of 12.41% and a net margin of 10.25%. Equities research analysts predict that Komatsu will post 2.73 earnings per share for the current year.

Komatsu Company Profile

Komatsu Ltd. (OTCMKTS: KMTUY) is a Japanese multinational manufacturer of construction, mining and industrial equipment. Founded in the early 20th century in Komatsu, Ishikawa Prefecture, the company has grown into a global supplier of heavy machinery and related services for industries including construction, mining, forestry and infrastructure development.

Komatsu’s product lineup covers a broad range of mobile and stationary equipment, including hydraulic excavators, bulldozers, wheel loaders, rigid and articulated dump trucks, dozers, compact equipment, and specialized mining machines for both surface and underground operations.