Kubota Corp. (OTCMKTS:KUBTY) Sees Large Decrease in Short Interest

Kubota Corp. (OTCMKTS:KUBTY) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 3,141 shares, a decline of 68.3% from the October 15th total of 9,905 shares. Based on an average daily volume of 51,415 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

KUBTY has been the topic of a number of recent research reports. Morgan Stanley downgraded shares of Kubota from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, September 30th. Zacks Research downgraded shares of Kubota from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 16th. 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 investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Kubota has a consensus rating of “Hold”.

Kubota Stock Down 0.8%

Kubota stock traded down $0.59 during trading hours on Friday, reaching $77.64. The stock had a trading volume of 22,265 shares, compared to its average volume of 32,167. The company has a market cap of $17.66 billion, a price-to-earnings ratio of 10.28, a PEG ratio of 1.03 and a beta of 1.03. The business’s 50 day moving average price is $85.74 and its 200-day moving average price is $86.20. Kubota has a 52 week low of $64.21 and a 52 week high of $107.97. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.61 and a quick ratio of 1.23.

Kubota (OTCMKTS:KUBTY) last released its quarterly earnings results on Monday, November 9th. The industrial products company reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.56). Kubota had a net margin of 8.17% and a return on equity of 8.97%. The firm had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $5 billion. Kubota has set its FY 2026 guidance at 8.027-8.027 EPS. Sell-side analysts anticipate that Kubota will post 7.72 EPS for the current year.

Kubota Company Profile

Kubota Corporation is a Japanese manufacturer of machinery and infrastructure products. Founded in Osaka in 1890, the company began by producing cast-iron water pipes and has since expanded into agriculture, construction, and environmental systems. Kubota’s products include tractors, combine harvesters, rice transplanters, farm implements, engines, and compact construction machinery. Its water and environmental businesses provide products and systems such as pipes, pumps, and water-treatment equipment.