Komatsu Ltd. (OTCMKTS:KMTUY) Stock Short Interest Report for October

Komatsu Ltd. (OTCMKTS:KMTUY) saw a large drop in short interest in October. As of October 30th, there was short interest totaling 14,273 shares, a drop of 95.7% from the October 15th total of 331,125 shares. Based on an average daily volume of 144,698 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Komatsu Trading Down 0.8%

OTCMKTS KMTUY traded down $0.32 during trading hours on Thursday, reaching $38.90. The company’s stock had a trading volume of 64,890 shares, compared to its average volume of 129,243. The firm has a fifty day simple moving average of $44.71 and a 200-day simple moving average of $43.33. The stock has a market cap of $36.19 billion, a P/E ratio of 13.99, a P/E/G ratio of 1.98 and a beta of 1.09. Komatsu has a 52 week low of $30.65 and a 52 week high of $52.74. 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 (OTCMKTS:KMTUY) last released its earnings results on Thursday, October 29th. The industrial products company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.04). Komatsu had a net margin of 8.92% and a return on equity of 10.56%. The firm had revenue of $7.07 billion during the quarter, compared to analyst estimates of $6.70 billion. Equities analysts forecast that Komatsu will post 2.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Komatsu Company Profile

Komatsu Ltd. is a Japanese manufacturer of construction, mining, utility and forestry equipment. Its products include excavators, bulldozers, wheel loaders, motor graders and mining trucks, along with machinery and services for forestry operations. The company also provides equipment maintenance, parts and technology solutions, including systems that support fleet management and automated operations. Founded in 1921 and headquartered in Tokyo, Komatsu has expanded from its origins as a Japanese industrial manufacturer into a global equipment and services provider.