Shares of Kubota Corp. (OTCMKTS:KUBTY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $91.73, but opened at $87.25. Kubota shares last traded at $87.47, with a volume of 2,499 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research lowered shares of Kubota from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.
View Our Latest Stock Analysis on KUBTY
Kubota Trading Down 0.3%
Kubota (OTCMKTS:KUBTY – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The industrial products company reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.51. Kubota had a net margin of 7.00% and a return on equity of 7.75%. The company had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $4.91 billion. Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. On average, equities analysts predict that Kubota Corp. will post 5.89 earnings per share for the current fiscal year.
About Kubota
Kubota Corporation (OTCMKTS: KUBTY) is a Japanese multinational manufacturer specializing in agricultural machinery, construction equipment, engines and water infrastructure systems. Founded in 1890 and headquartered in Osaka, Japan, the company has grown from its origins as a cast-iron manufacturer into a diversified industrial enterprise. Kubota’s agricultural machinery portfolio includes tractors, combine harvesters, rice transplanters and irrigation equipment, while its construction machinery lineup features compact excavators, wheel loaders and skid-steer loaders.
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