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

Kubota Corp. (OTCMKTS:KUBTY) gapped up prior to trading on Wednesday . The stock had previously closed at $83.22, but opened at $87.05. Kubota shares last traded at $87.05, with a volume of 730 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Kubota to a “hold” rating in a research note on Thursday, July 2nd. Two analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Kubota has an average rating of “Buy”.

Kubota Stock Performance

The company has a current ratio of 1.70, a quick ratio of 1.28 and a debt-to-equity ratio of 0.48. The stock’s fifty day simple moving average is $86.45 and its 200 day simple moving average is $85.15. The company has a market cap of $19.24 billion, a price-to-earnings ratio of 13.32, a P/E/G ratio of 2.00 and a beta of 0.94.

Kubota (OTCMKTS:KUBTY) last issued its earnings results on Friday, May 8th. The industrial products company reported $2.05 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.51. The business had revenue of $5.18 billion for the quarter, compared to analysts’ expectations of $4.91 billion. Kubota had a return on equity of 7.75% and a net margin of 7.00%.Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. As a group, analysts anticipate that Kubota Corp. will post 5.64 earnings per share for the current year.

About Kubota

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.