Kubota Corp. (OTCMKTS:KUBTY) Sees Large Decrease in Short Interest

Kubota Corp. (OTCMKTS:KUBTY) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 3,141 shares, a decrease of 68.3% from the October 15th total of 9,905 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 51,415 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

KUBTY has been the subject of a number of research analyst reports. The Goldman Sachs Group lowered Kubota from a “strong-buy” rating to a “strong sell” rating in a research note on Sunday, October 4th. Morgan Stanley downgraded Kubota from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, September 30th. Finally, Zacks Research lowered Kubota from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Kubota Trading Down 0.8%

Shares of OTCMKTS:KUBTY traded down $0.59 during trading on Friday, reaching $77.64. 22,265 shares of the company were exchanged, compared to its average volume of 32,167. The firm has a market capitalization of $17.66 billion, a PE ratio of 10.28, a P/E/G ratio of 1.03 and a beta of 1.03. The business’s fifty day simple moving average is $85.74 and its 200-day simple moving average is $86.20. Kubota has a 12-month low of $64.21 and a 12-month high of $107.97. 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 announced its quarterly earnings results on Monday, November 9th. The industrial products company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.56). Kubota had a net margin of 8.17% and a return on equity of 8.97%. The firm had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $5 billion. Kubota has set its FY 2026 guidance at 8.027-8.027 EPS. On average, research analysts anticipate that Kubota will post 7.72 EPS for the current year.

About Kubota

Kubota Corporation is a Japanese manufacturer of machinery and infrastructure products. Founded in Osaka in 1890, the company began by producing cast-iron water pipes and has since expanded into agriculture, construction, and environmental systems. Kubota’s products include tractors, combine harvesters, rice transplanters, farm implements, engines, and compact construction machinery. Its water and environmental businesses provide products and systems such as pipes, pumps, and water-treatment equipment.