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

Kubota Corp. (OTCMKTS:KUBTYGet Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $84.9450, but opened at $90.23. Kubota shares last traded at $89.57, with a volume of 12,636 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research lowered 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 issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy”.

View Our Latest Stock Analysis on KUBTY

Kubota Stock Performance

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 market cap of $20.28 billion, a price-to-earnings ratio of 14.05 and a beta of 0.91. The company has a fifty day moving average of $83.69 and a two-hundred day moving average of $80.57.

Kubota (OTCMKTS:KUBTYGet Free Report) last released its quarterly earnings data 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. Kubota had a return on equity of 7.76% and a net margin of 7.00%.The company had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $4.91 billion. Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. Equities research analysts anticipate that Kubota Corp. will post 5.89 EPS for the current year.

About Kubota

(Get Free Report)

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.

Further Reading

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