Kubota (OTCMKTS:KUBTY) Shares Gap Down – Here’s Why

Kubota Corp. (OTCMKTS:KUBTYGet Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $90.67, but opened at $87.1950. Kubota shares last traded at $87.1950, with a volume of 682 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Kubota from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

Check Out Our Latest Stock Analysis on Kubota

Kubota Trading Down 2.9%

The company has a debt-to-equity ratio of 0.41, a current ratio of 1.61 and a quick ratio of 1.28. The business’s fifty day simple moving average is $87.44 and its 200 day simple moving average is $86.09. The stock has a market cap of $19.87 billion, a price-to-earnings ratio of 11.51, a P/E/G ratio of 1.18 and a beta of 0.95.

Kubota (OTCMKTS:KUBTYGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $2.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $0.99. Kubota had a net margin of 8.18% and a return on equity of 9.12%. The company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.05 billion. Kubota has set its FY 2026 guidance at 8.150-8.150 EPS. On average, research analysts predict that Kubota Corp. will post 7.66 EPS for the current year.

About Kubota

(Get Free Report)

Kubota Corporation is a Japanese manufacturer of agricultural, construction and industrial equipment. Founded in Osaka in 1890, the company began by producing cast-iron water pipes and later expanded into machinery and environmental infrastructure.

Kubota’s product portfolio includes tractors, combines, rice transplanters, agricultural implements, compact construction machinery, engines and equipment for municipal and industrial applications. The company also provides water-treatment systems, wastewater and environmental engineering solutions, and related infrastructure products.

Kubota serves customers in Japan and international markets, including North America, Europe and other parts of Asia.

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