Kubota (OTCMKTS:KUBTY) Sees Unusually-High Trading Volume – Should You Buy?

Kubota Corp. (OTCMKTS:KUBTY) saw unusually-high trading volume on Monday . Approximately 33,253 shares traded hands during trading, an increase of 281% from the previous session’s volume of 8,726 shares.The stock last traded at $71.38 and had previously closed at $70.22.

Analyst Ratings Changes

KUBTY has been the topic of several analyst reports. UBS Group upgraded Kubota from a “hold” rating to a “strong-buy” rating in a report on Friday, November 28th. Zacks Research raised shares of Kubota from a “strong sell” rating to a “hold” rating in a research note on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Kubota presently has a consensus rating of “Buy”.

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 stock has a market capitalization of $16.41 billion, a price-to-earnings ratio of 13.82 and a beta of 0.91. The firm’s fifty day moving average price is $69.72 and its 200 day moving average price is $63.52.

Kubota (OTCMKTS:KUBTY) last released its quarterly earnings results on Friday, November 7th. The industrial products company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.16 by $0.32. The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.93 billion. Kubota had a return on equity of 6.50% and a net margin of 5.95%. Analysts forecast that Kubota Corp. 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.