Kubota (OTCMKTS:KUBTY) Stock Price Down 5.7% – Here’s Why
by Amy Steele · The Cerbat GemKubota Corp. (OTCMKTS:KUBTY – Get Free Report)’s share price was down 5.7% on Wednesday . The stock traded as low as $84.62 and last traded at $84.62. Approximately 3,958 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 38,598 shares. The stock had previously closed at $89.69.
Analyst Upgrades and Downgrades
Separately, Zacks Research lowered shares of Kubota from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Kubota currently has an average rating of “Buy”.
Read Our Latest Stock Report on KUBTY
Kubota Stock Performance
The stock’s 50-day moving average price is $83.63 and its 200 day moving average price is $79.99. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.65 and a quick ratio of 1.26. The firm has a market cap of $19.34 billion, a P/E ratio of 13.39 and a beta of 0.91.
Kubota (OTCMKTS:KUBTY – Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The industrial products company reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.51. The business had revenue of $5.18 billion for the quarter, compared to analyst estimates of $4.91 billion. Kubota had a net margin of 7.00% and a return on equity of 7.76%. Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. As a group, equities analysts predict that Kubota Corp. will post 5.89 EPS for the current year.
Kubota Company Profile
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.