Kubota (OTCMKTS:KUBTY) Upgraded at Zacks Research

Zacks Research upgraded shares of Kubota (OTCMKTS:KUBTY) from a strong sell rating to a strong-buy rating in a research note published on Thursday,Zacks.com reports.

Separately, UBS Group raised shares of Kubota from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 28th. Three equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Kubota Trading Down 1.2%

Shares of OTCMKTS:KUBTY opened at $74.76 on Thursday. The stock’s 50-day simple moving average is $72.26 and its two-hundred day simple moving average is $65.54. The stock has a market capitalization of $17.00 billion, a price-to-earnings ratio of 14.54 and a beta of 0.91. Kubota has a 52-week low of $51.65 and a 52-week high of $79.28. 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 (OTCMKTS:KUBTY) last posted its quarterly earnings data on Friday, November 7th. The industrial products company reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.32. Kubota had a net margin of 5.95% and a return on equity of 6.50%. The company had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.93 billion. Analysts expect that Kubota will post 5.57 EPS 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.