Kubota (OTCMKTS:KUBTY) Rating Lowered to Strong Sell at Zacks Research

Kubota (OTCMKTS:KUBTY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

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

Kubota Stock Down 4.0%

KUBTY opened at $74.51 on Monday. The business’s fifty day simple moving average is $70.80 and its 200 day simple moving average is $64.48. The company has a quick ratio of 1.26, a current ratio of 1.68 and a debt-to-equity ratio of 0.51. The firm has a market cap of $16.94 billion, a P/E ratio of 14.50 and a beta of 0.91. Kubota has a 52 week low of $51.65 and a 52 week high of $77.85.

Kubota (OTCMKTS:KUBTY) last posted its quarterly earnings results on Friday, November 7th. The industrial products company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.16 by $0.32. Kubota had a return on equity of 6.50% and a net margin of 5.95%.The company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.93 billion. As a group, equities research analysts anticipate that Kubota will post 5.57 EPS for the current fiscal 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.