Kubota (OTCMKTS:KUBTY) Cut to “Strong Sell” at Zacks Research

Zacks Research lowered shares of Kubota (OTCMKTS:KUBTY) from a hold rating to a strong sell rating in a research report sent to investors on Monday,Zacks.com reports.

Separately, UBS Group upgraded Kubota from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 28th. Two analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

Kubota Trading Up 0.4%

OTCMKTS KUBTY opened at $74.78 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.26 and a current ratio of 1.68. Kubota has a one year low of $51.65 and a one year high of $77.85. The company has a 50-day simple moving average of $70.99 and a 200-day simple moving average of $64.55. The firm has a market capitalization of $17.01 billion, a PE ratio of 14.55 and a beta of 0.91.

Kubota (OTCMKTS:KUBTY) last released its quarterly earnings data on Friday, November 7th. The industrial products company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.32. Kubota had a net margin of 5.95% and a return on equity of 6.50%. The firm had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.93 billion. On average, equities analysts forecast that Kubota will post 5.57 earnings per share for the current year.

About Kubota

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.