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

Kubota Corp. (OTCMKTS:KUBTY)’s share price 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.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on KUBTY. The Goldman Sachs Group cut Kubota from a “strong-buy” rating to a “strong sell” rating in a report on Sunday, October 4th. Zacks Research raised Kubota from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. Finally, Morgan Stanley lowered Kubota from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Kubota currently has a consensus rating of “Moderate Buy”.

Kubota Price Performance

The firm’s 50-day moving average is $87.77 and its two-hundred day moving average is $86.25. The company has a market cap of $18.69 billion, a P/E ratio of 11.18, a PEG ratio of 1.10 and a beta of 1.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.61 and a quick ratio of 1.23.

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