Komatsu (OTCMKTS:KMTUY) was upgraded by Jefferies Financial Group from a “hold” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports. Jefferies Financial Group also issued estimates for Komatsu’s FY2022 earnings at $1.37 EPS, FY2023 earnings at $1.53 EPS and FY2025 earnings at $1.45 EPS.
KMTUY has been the topic of several other reports. Goldman Sachs Group cut Komatsu from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 31st. ValuEngine raised Komatsu from a “sell” rating to a “hold” rating in a research note on Tuesday, May 19th. Finally, Zacks Investment Research cut Komatsu from a “hold” rating to a “sell” rating in a research note on Wednesday, April 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $25.00.
OTCMKTS:KMTUY opened at $20.44 on Monday. The company has a current ratio of 1.68, a quick ratio of 0.99 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $19.66 billion, a P/E ratio of 13.63, a P/E/G ratio of 2.88 and a beta of 1.58. Komatsu has a 12 month low of $13.38 and a 12 month high of $25.35. The business’s 50-day moving average is $20.13 and its 200 day moving average is $20.40.
Komatsu (OTCMKTS:KMTUY) last posted its earnings results on Monday, May 18th. The industrial products company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.17). The firm had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $4.46 billion. Komatsu had a return on equity of 8.23% and a net margin of 6.29%. On average, research analysts forecast that Komatsu will post 1.18 earnings per share for the current year.
Komatsu Ltd. manufactures and sells construction, mining, and utility equipment worldwide. The company operates through three segments: Construction, Mining, and Utility Equipment; Retail Finance; and Industrial Machinery and Others. It offers construction and mining equipment, including electric rope shovels, continuous miners, hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, mini excavators, utility equipment, and other mining equipment.
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