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

Shares of Kubota Corp. (OTCMKTS:KUBTY) gapped down before the market opened on Tuesday . The stock had previously closed at $92.66, but opened at $87.89. Kubota shares last traded at $87.84, with a volume of 301 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Kubota from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Kubota Trading Down 2.0%

The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.26 and a current ratio of 1.65. The company has a 50 day simple moving average of $83.71 and a two-hundred day simple moving average of $79.57. The firm has a market cap of $19.99 billion, a PE ratio of 13.84 and a beta of 0.91.

Kubota (OTCMKTS:KUBTY) last posted its quarterly earnings results on Friday, May 8th. The industrial products company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.51. The business had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $4.91 billion. Kubota had a return on equity of 7.76% and a net margin of 7.00%.Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. Analysts expect that Kubota Corp. will post 5.89 EPS for the current fiscal 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.