Short Interest in Kubota Corp. (OTCMKTS:KUBTY) Drops By 62.8%

Kubota Corp. (OTCMKTS:KUBTY) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 18,437 shares, a decrease of 62.8% from the May 14th total of 49,609 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 37,707 shares, the days-to-cover ratio is currently 0.5 days.

Kubota Price Performance

Kubota stock traded down $0.55 during mid-day trading on Friday, reaching $85.58. 13,437 shares of the company’s stock traded hands, compared to its average volume of 35,299. The company has a market cap of $19.46 billion, a price-to-earnings ratio of 13.48 and a beta of 0.93. The stock has a 50 day moving average of $85.58 and a two-hundred day moving average of $82.26. The company has a quick ratio of 1.28, a current ratio of 1.70 and a debt-to-equity ratio of 0.48. Kubota has a 12-month low of $53.59 and a 12-month high of $107.97.

Kubota (OTCMKTS:KUBTY) last released its quarterly earnings results on Friday, May 8th. The industrial products company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.51. The company had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $4.91 billion. Kubota had a net margin of 7.00% and a return on equity of 7.75%. Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. Equities analysts forecast that Kubota will post 5.89 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Kubota from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

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.