Short Interest in Kubota Corp. (OTCMKTS:KUBTY) Drops By 50.9%

Kubota Corp. (OTCMKTS:KUBTY) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 8,933 shares, a drop of 50.9% from the July 30th total of 18,190 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 23,084 shares, the days-to-cover ratio is presently 0.4 days.

Kubota Price Performance

OTCMKTS KUBTY traded down $1.05 during trading hours on Friday, reaching $87.91. 8,016 shares of the company’s stock were exchanged, compared to its average volume of 17,567. The stock has a market cap of $19.99 billion, a PE ratio of 11.58, a price-to-earnings-growth ratio of 1.16 and a beta of 0.94. Kubota has a one year low of $58.00 and a one year high of $107.97. The firm has a fifty day moving average of $85.34 and a 200-day moving average of $86.75. The company has a current ratio of 1.70, a quick ratio of 1.28 and a debt-to-equity ratio of 0.48.

Kubota (OTCMKTS:KUBTY) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.99. The firm had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.05 billion. Kubota had a return on equity of 9.17% and a net margin of 8.18%.Kubota has set its FY 2026 guidance at 8.150-8.150 EPS. On average, equities research analysts predict that Kubota will post 7.66 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised 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, Based on data from MarketBeat.com, the company currently has an average rating of “Strong 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.