Kubota Co. (OTCMKTS:KUBTY) Short Interest Update

Kubota Co. (OTCMKTS:KUBTY) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 34,100 shares, a decrease of 37.3% from the January 31st total of 54,400 shares. Based on an average daily trading volume, of 91,400 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised Kubota from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 4th.

Kubota Stock Down 1.5 %

Shares of KUBTY opened at $60.75 on Tuesday. The company has a market capitalization of $14.03 billion, a P/E ratio of 9.30, a PEG ratio of 5.29 and a beta of 0.97. The business’s 50 day simple moving average is $60.47 and its 200-day simple moving average is $64.55. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.65 and a quick ratio of 1.23. Kubota has a one year low of $54.19 and a one year high of $85.00.

Kubota (OTCMKTS:KUBTY) last released its earnings results on Thursday, February 13th. The industrial products company reported $0.94 earnings per share for the quarter. Kubota had a net margin of 7.63% and a return on equity of 8.73%. The firm had revenue of $4.85 billion for the quarter. As a group, sell-side analysts predict that Kubota will post 5.57 EPS for the current fiscal year.

About Kubota

Kubota Corporation manufactures and sells agricultural and construction machinery in Japan, North America, Europe, Asia, and internationally. It operates through three segments: Farm & Machinery, Water & Environment, and Others. The Farm & Machinery segment offers tractors, power tillers, combine harvesters, rice transplanters, turf equipment, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery, vegetable production equipment, intermediate management machine, and other equipment; cooperative drying, rice seedling, and gardening facilities; scales, weighing and measuring control systems, and air purifier; engines for farm equipment, construction machinery, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track loaders, and other construction machinery related products.