Komatsu (OTCMKTS:KMTUY) Raised to Hold at Zacks Research

Komatsu (OTCMKTS:KMTUY) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Komatsu Trading Down 1.6%

Shares of Komatsu stock opened at $35.23 on Monday. The company has a quick ratio of 1.13, a current ratio of 2.09 and a debt-to-equity ratio of 0.18. Komatsu has a 12-month low of $24.75 and a 12-month high of $39.56. The company has a market capitalization of $32.78 billion, a price-to-earnings ratio of 11.71, a PEG ratio of 5.26 and a beta of 1.02. The firm’s 50-day moving average price is $32.81 and its two-hundred day moving average price is $33.90.

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

About Komatsu

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.