Komatsu (OTCMKTS:KMTUY) Shares Gap Up – What’s Next?

Komatsu Ltd. (OTCMKTS:KMTUY) gapped up prior to trading on Monday . The stock had previously closed at $39.81, but opened at $42.40. Komatsu shares last traded at $42.04, with a volume of 2,101 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Komatsu from a “hold” rating to a “strong sell” rating in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Komatsu Trading Down 1.2%

The company has a market capitalization of $38.57 billion, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of 2.33 and a beta of 1.05. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 2.11. The firm has a fifty day moving average price of $40.45 and a 200-day moving average price of $41.71.

Komatsu (OTCMKTS:KMTUY) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.06. The company had revenue of $7.62 billion for the quarter, compared to analysts’ expectations of $7.11 billion. Komatsu had a return on equity of 10.61% and a net margin of 9.12%. As a group, equities analysts anticipate that Komatsu Ltd. will post 2.59 EPS for the current year.

Komatsu Company Profile

Komatsu Ltd. (OTCMKTS: KMTUY) is a Japanese multinational manufacturer of construction, mining and industrial equipment. Founded in the early 20th century in Komatsu, Ishikawa Prefecture, the company has grown into a global supplier of heavy machinery and related services for industries including construction, mining, forestry and infrastructure development.

Komatsu’s product lineup covers a broad range of mobile and stationary equipment, including hydraulic excavators, bulldozers, wheel loaders, rigid and articulated dump trucks, dozers, compact equipment, and specialized mining machines for both surface and underground operations.