Kubota (OTCMKTS:KUBTY) Shares Gap Up – What’s Next?

Shares of Kubota Corp. (OTCMKTS:KUBTY) gapped up before the market opened on Wednesday . The stock had previously closed at $79.74, but opened at $85.34. Kubota shares last traded at $83.40, with a volume of 992 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Kubota from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Kubota currently has a consensus rating of “Buy”.

Kubota Trading Up 4.6%

The company has a quick ratio of 1.26, a current ratio of 1.65 and a debt-to-equity ratio of 0.48. The company’s 50-day moving average is $86.84 and its 200 day moving average is $75.14. The company has a market cap of $18.97 billion, a price-to-earnings ratio of 15.22 and a beta of 0.86.

Kubota (OTCMKTS:KUBTY) last released its quarterly earnings results on Thursday, February 12th. The industrial products company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.38. Kubota had a return on equity of 6.81% and a net margin of 6.20%.The company had revenue of $5.30 billion during the quarter, compared to analysts’ expectations of $4.90 billion. Kubota has set its FY 2026 guidance at 6.000-6.000 EPS. Research analysts predict that Kubota Corp. will post 5.57 EPS for the current year.

Kubota Company Profile

Kubota Corporation (OTCMKTS: KUBTY) is a Japanese multinational manufacturer specializing in agricultural machinery, construction equipment, engines and water infrastructure systems. Founded in 1890 and headquartered in Osaka, Japan, the company has grown from its origins as a cast-iron manufacturer into a diversified industrial enterprise. Kubota’s agricultural machinery portfolio includes tractors, combine harvesters, rice transplanters and irrigation equipment, while its construction machinery lineup features compact excavators, wheel loaders and skid-steer loaders.