Kubota (KUBTY) Projected to Post Quarterly Earnings on Thursday

Kubota (OTCMKTS:KUBTY) is expected to release its results before the market opens on Thursday, February 12th. Analysts expect Kubota to post earnings of $0.89 per share and revenue of $4.9016 billion for the quarter.

Kubota (OTCMKTS:KUBTY) last posted its quarterly earnings results on Friday, November 7th. The industrial products company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.32. The business had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.93 billion. Kubota had a net margin of 5.95% and a return on equity of 6.50%. On average, analysts expect Kubota to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Kubota Stock Up 1.1%

KUBTY stock opened at $87.35 on Tuesday. The firm’s 50 day moving average price is $74.74 and its 200-day moving average price is $67.45. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.26 and a current ratio of 1.68. The firm has a market cap of $19.86 billion, a PE ratio of 16.99 and a beta of 0.92. Kubota has a one year low of $51.65 and a one year high of $87.35.

Wall Street Analysts Forecast Growth

KUBTY has been the subject of a number of research analyst reports. Zacks Research upgraded Kubota from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, January 22nd. UBS Group raised shares of Kubota from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 28th. Three analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the company has an average rating of “Strong 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.