Kubota (OTCMKTS:KUBTY) Sees Unusually-High Trading Volume – Should You Buy?

Kubota Corp. (OTCMKTS:KUBTY) saw an uptick in trading volume on Monday . 33,253 shares were traded during trading, an increase of 281% from the previous session’s volume of 8,726 shares.The stock last traded at $71.38 and had previously closed at $70.22.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. UBS Group upgraded shares of Kubota from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 28th. Zacks Research upgraded shares of Kubota from a “strong sell” rating to a “hold” rating in a report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Kubota presently has a consensus rating of “Buy”.

Kubota Trading Up 2.7%

The company has a quick ratio of 1.26, a current ratio of 1.68 and a debt-to-equity ratio of 0.51. The firm has a market cap of $17.10 billion, a P/E ratio of 14.41 and a beta of 0.91. The business’s 50 day moving average is $69.96 and its 200-day moving average is $63.83.

Kubota (OTCMKTS:KUBTY) last released its earnings results on Friday, November 7th. The industrial products company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.32. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.93 billion. Kubota had a net margin of 5.95% and a return on equity of 6.50%. As a group, analysts forecast that Kubota Corp. will post 5.57 earnings per share for the current fiscal 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.