Komatsu (OTCMKTS:KMTUY) Rating Increased to Hold at Zacks Research

Komatsu (OTCMKTS:KMTUY) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Komatsu Stock Performance

OTCMKTS KMTUY opened at $35.23 on Monday. The company has a market capitalization of $32.78 billion, a PE ratio of 11.71, a price-to-earnings-growth ratio of 5.26 and a beta of 1.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.13 and a current ratio of 2.09. Komatsu has a 52-week low of $24.75 and a 52-week high of $39.56. The company has a 50-day simple moving average of $32.81 and a 200 day simple moving average of $33.90.

Komatsu (OTCMKTS:KMTUY) last released its earnings results on Wednesday, October 29th. The industrial products company reported $0.63 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.63. Komatsu had a net margin of 10.25% and a return on equity of 12.41%. The firm had revenue of $6.45 billion during the quarter, compared to the consensus estimate of $6.56 billion. On average, research analysts predict that Komatsu will post 2.73 EPS for the current year.

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.