Kubota (OTCMKTS:KUBTY) Shares Break Below 200 Day Moving Average – Should You Sell?

Kubota Corp. (OTCMKTS:KUBTY – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $86.33 and traded as low as $82.6150. Kubota shares last traded at $82.62, with a volume of 22,353 shares.

Wall Street Analysts Forecast Growth

KUBTY has been the subject of several analyst reports. Zacks Research cut Kubota from a “strong-buy” rating to a “hold” rating in a report on Friday, October 16th. Morgan Stanley downgraded Kubota from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, September 30th. Finally, The Goldman Sachs Group lowered Kubota from a “strong-buy” rating to a “strong sell” rating in a report on Sunday, October 4th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Kubota currently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on Kubota

Kubota Trading Up 0.3%

The firm’s fifty day simple moving average is $87.30 and its 200 day simple moving average is $86.32. The stock has a market capitalization of $18.93 billion, a P/E ratio of 10.96, a price-to-earnings-growth ratio of 1.07 and a beta of 1.00. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.23 and a current ratio of 1.61.

Kubota (OTCMKTS:KUBTY – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.79 by $0.99. The company had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.05 billion. Kubota had a net margin of 8.18% and a return on equity of 9.12%. Kubota has set its FY 2026 guidance at 8.150-8.150 EPS. As a group, equities research analysts forecast that Kubota Corp. will post 7.72 EPS for the current fiscal year.

Kubota Company Profile

(Get Free Report)

Kubota Corporation is a Japanese manufacturer of agricultural, construction and industrial equipment. Founded in Osaka in 1890 as an iron foundry, the company initially produced castings and related products before expanding into machinery and infrastructure businesses. Kubota is headquartered in Osaka, Japan, and serves customers through operations and distribution networks in Japan, North America, Europe, Asia and other international markets.

The company’s agricultural product portfolio includes tractors, combine harvesters, rice transplanters, mowers, implements and other equipment used in farming and grounds maintenance.

See Also

Receive News & Ratings for Kubota Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kubota and related companies with MarketBeat.com's FREE daily email newsletter.