Komatsu (OTCMKTS:KMTUY) Upgraded at Zacks Research

Zacks Research upgraded shares of Komatsu (OTCMKTS:KMTUY) from a strong sell rating to a hold rating in a report released on Monday morning,Zacks.com reports.

Komatsu Stock Performance

Shares of OTCMKTS:KMTUY opened at $35.80 on Monday. Komatsu has a 52 week low of $24.75 and a 52 week high of $39.56. The stock has a market capitalization of $34.04 billion, a P/E ratio of 11.74, a PEG ratio of 5.29 and a beta of 0.99. The firm has a fifty day simple moving average of $35.25 and a two-hundred day simple moving average of $32.73. The company has a quick ratio of 1.15, a current ratio of 2.00 and a debt-to-equity ratio of 0.15.

Komatsu (OTCMKTS:KMTUY) last released its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.69 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.05). The firm had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $6.49 billion. Komatsu had a return on equity of 13.05% and a net margin of 10.37%. On average, analysts expect that Komatsu will post 2.73 earnings per share for the current fiscal year.

About Komatsu

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries. It operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others.