Komatsu (KMTUY) Expected to Announce Earnings on Friday

Komatsu (OTCMKTS:KMTUY) is projected to post its results before the market opens on Friday, January 30th. Analysts expect Komatsu to post earnings of $0.60 per share and revenue of $977.5634 billion for the quarter.

Komatsu (OTCMKTS:KMTUY) last posted its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $0.63 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.63. Komatsu had a return on equity of 12.41% and a net margin of 10.25%.The firm had revenue of $6.45 billion for the quarter, compared to the consensus estimate of $6.56 billion. On average, analysts expect Komatsu to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Komatsu Stock Performance

Shares of KMTUY opened at $35.91 on Friday. Komatsu has a one year low of $24.75 and a one year high of $39.56. The company has a 50-day moving average of $32.88 and a two-hundred day moving average of $33.92. The stock has a market cap of $33.41 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 5.21 and a beta of 1.02. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.09 and a quick ratio of 1.13.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Komatsu from a “strong sell” rating to a “hold” rating in a research note on Monday. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

About Komatsu

Komatsu Ltd. (OTCMKTS: KMTUY) is a Japanese multinational manufacturer of construction, mining and industrial equipment. Founded in the early 20th century in Komatsu, Ishikawa Prefecture, the company has grown into a global supplier of heavy machinery and related services for industries including construction, mining, forestry and infrastructure development.

Komatsu’s product lineup covers a broad range of mobile and stationary equipment, including hydraulic excavators, bulldozers, wheel loaders, rigid and articulated dump trucks, dozers, compact equipment, and specialized mining machines for both surface and underground operations.