Komatsu Ltd. (OTCMKTS:KMTUY) Stock Short Interest Declines 51.6%

Komatsu Ltd. (OTCMKTS:KMTUY) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 36,919 shares, a decline of 51.6% from the September 15th total of 76,281 shares. Based on an average trading volume of 106,055 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

A number of brokerages have issued reports on KMTUY. Citigroup raised Komatsu from a “hold” rating to a “strong-buy” rating in a report on Friday, September 25th. Zacks Research upgraded Komatsu from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. Finally, The Goldman Sachs Group raised shares of Komatsu from a “hold” rating to a “strong-buy” rating in a research note on Sunday, October 4th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Komatsu Price Performance

KMTUY traded up $0.03 during midday trading on Friday, reaching $45.33. 47,057 shares of the company’s stock were exchanged, compared to its average volume of 132,134. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.96 and a quick ratio of 1.12. Komatsu has a 1-year low of $30.65 and a 1-year high of $52.74. The business’s 50-day moving average price is $46.56 and its 200 day moving average price is $43.24. The stock has a market capitalization of $42.17 billion, a PE ratio of 16.60, a P/E/G ratio of 2.50 and a beta of 1.07.

Komatsu (OTCMKTS:KMTUY) last issued its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.08. Komatsu had a net margin of 8.93% and a return on equity of 10.51%. The business had revenue of $6.37 billion during the quarter, compared to the consensus estimate of $6.13 billion. Komatsu has set its FY 2026 guidance at 2.450-2.450 EPS. As a group, equities analysts anticipate that Komatsu will post 2.69 EPS for the current fiscal year.

About Komatsu

Komatsu Ltd. is a Japan-based manufacturer of construction, mining, forestry and industrial equipment. Its product portfolio includes hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks and other machinery used in infrastructure development, construction, quarrying and resource extraction.

The company also provides equipment for forestry operations and industrial applications, along with replacement parts, maintenance, repairs, fleet management, automation and other technology-enabled services.