Kubota (OTCMKTS:KUBTY) Shares Gap Up Following Strong Earnings

Kubota Corp. (OTCMKTS:KUBTYGet Free Report) gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $88.68, but opened at $102.38. Kubota shares last traded at $105.99, with a volume of 1,294 shares.

The industrial products company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.38. The firm had revenue of $5.30 billion for the quarter, compared to analysts’ expectations of $4.90 billion. Kubota had a return on equity of 6.93% and a net margin of 6.20%.Kubota has set its FY 2026 guidance at 6.000-6.000 EPS.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Zacks Research upgraded shares of Kubota from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. 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 presently has an average rating of “Strong Buy”.

Check Out Our Latest Research Report on KUBTY

Kubota Stock Performance

The company has a current ratio of 1.68, a quick ratio of 1.26 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average is $76.64 and its two-hundred day moving average is $68.40. The stock has a market capitalization of $23.34 billion, a P/E ratio of 18.73 and a beta of 0.92.

About Kubota

(Get Free Report)

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.

See Also

Receive News & Ratings for Kubota Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kubota and related companies with MarketBeat.com's FREE daily email newsletter.