Kubota (OTCMKTS:KUBTY) Shares Gap Up – Still a Buy?

Shares of Kubota Corp. (OTCMKTS:KUBTY) gapped up before the market opened on Wednesday . The stock had previously closed at $79.74, but opened at $85.34. Kubota shares last traded at $83.40, with a volume of 992 shares trading hands.

Analysts Set New Price Targets

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

Kubota Price Performance

The stock has a market capitalization of $18.32 billion, a P/E ratio of 14.70 and a beta of 0.95. The business has a fifty day simple moving average of $87.08 and a 200 day simple moving average of $75.24. The company has a current ratio of 1.65, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48.

Kubota (OTCMKTS:KUBTY) last posted its earnings results on Thursday, February 12th. The industrial products company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.38. The company had revenue of $5.30 billion for the quarter, compared to analyst estimates of $4.90 billion. Kubota had a return on equity of 6.81% and a net margin of 6.20%.Kubota has set its FY 2026 guidance at 6.000-6.000 EPS. On average, analysts expect that Kubota Corp. will post 5.57 earnings per share for the current year.

Kubota Company Profile

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.