Komatsu (OTCMKTS:KMTUY) Lifted to “Hold” at Zacks Investment Research

Komatsu (OTCMKTS:KMTUYGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Friday, Zacks.com reports.

According to Zacks, “KOMATSU LTD., headquartered in Tokyo, Japan, is the world’s second largest manufacturer of earthmoving and construction machines, with annual revenues of 7,580 million euros (9.2 billion US$) and more than 30.000 employees worldwide. “

OTCMKTS KMTUY opened at $23.64 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.10 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $23.01 billion, a price-to-earnings ratio of 12.57, a P/E/G ratio of 0.33 and a beta of 1.26. The firm’s 50 day simple moving average is $23.60 and its 200 day simple moving average is $24.37. Komatsu has a 1 year low of $21.32 and a 1 year high of $31.52.

Komatsu (OTCMKTS:KMTUYGet Rating) last posted its quarterly earnings results on Monday, January 31st. The industrial products company reported $0.58 earnings per share (EPS) for the quarter. The business had revenue of $6.37 billion for the quarter. Komatsu had a net margin of 7.25% and a return on equity of 9.41%. On average, equities research analysts forecast that Komatsu will post 1.97 earnings per share for the current year.

Komatsu Company Profile (Get Rating)

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment; and forest and industrial machinery worldwide. The company operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others. It offers construction and mining equipment, including electric rope shovels, continuous miners, hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, mini excavators, utility equipment, and other mining equipment.

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