Kubota (OTCMKTS:KUBTY) Shares Gap Up – Here’s Why

Kubota Corp. (OTCMKTS:KUBTY) gapped up before the market opened on Wednesday. The stock had previously closed at $82.30, but opened at $84.93. Kubota shares last traded at $85.1552, with a volume of 1,126 shares changing hands.

Analysts Set New Price Targets

Several research analysts have weighed in on KUBTY shares. Morgan Stanley downgraded shares of Kubota from an “equal weight” rating to an “underweight” rating in a report on Wednesday, September 30th. The Goldman Sachs Group lowered shares of Kubota from a “strong-buy” rating to a “strong sell” rating in a research note on Sunday, October 4th. Finally, Zacks Research upgraded shares of Kubota from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Kubota Stock Down 0.2%

The company has a current ratio of 1.61, a quick ratio of 1.23 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $19.32 billion, a PE ratio of 11.19, a P/E/G ratio of 1.07 and a beta of 1.00. The stock’s fifty day simple moving average is $87.79 and its 200-day simple moving average is $86.18.

Kubota (OTCMKTS:KUBTY) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $2.78 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.99. Kubota had a net margin of 8.18% and a return on equity of 9.12%. The business had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.05 billion. Kubota has set its FY 2026 guidance at 8.150-8.150 EPS. As a group, sell-side analysts forecast that Kubota Corp. will post 7.66 EPS for the current fiscal year.

Kubota Company Profile

Kubota Corporation is a Japanese manufacturer of agricultural, construction and water-related equipment. Founded in Osaka in 1890 by Gonshiro Kubota, the company has developed from a producer of cast-iron water pipes into a global industrial group serving farmers, contractors, municipalities and other commercial customers.

Kubota’s agricultural products include tractors, combines, rice transplanters, farm implements, lawn and grounds-care equipment, and utility vehicles. The company also manufactures compact construction machinery, including excavators, wheel loaders and related equipment, as well as diesel and other industrial engines used in construction, agriculture and power-generation applications.

Through its water and environmental businesses, Kubota provides products and systems such as ductile iron pipes, valves, pumps and wastewater-treatment equipment.