Kubota Corp. (OTCMKTS:KUBTY) Sees Large Drop in Short Interest

Kubota Corp. (OTCMKTS:KUBTY) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 18,437 shares, a decrease of 62.8% from the May 14th total of 49,609 shares. Based on an average trading volume of 37,707 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are short sold.

Kubota Trading Down 0.6%

Kubota stock traded down $0.55 during trading on Friday, hitting $85.58. The company’s stock had a trading volume of 13,437 shares, compared to its average volume of 19,202. The stock has a market capitalization of $19.46 billion, a price-to-earnings ratio of 13.48 and a beta of 0.93. The stock’s fifty day moving average is $85.63 and its 200 day moving average is $82.28. Kubota has a 1-year low of $53.59 and a 1-year high of $107.97. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.28 and a current ratio of 1.70.

Kubota (OTCMKTS:KUBTY) last released its earnings results on Friday, May 8th. The industrial products company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.54 by $0.51. The firm had revenue of $5.18 billion during the quarter, compared to analyst estimates of $4.91 billion. Kubota had a return on equity of 7.75% and a net margin of 7.00%.Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. As a group, equities research analysts predict that Kubota will post 5.89 EPS for the current year.

Wall Street Analysts Forecast Growth

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

About Kubota

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.