Kubota Corp. (OTCMKTS:KUBTY – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $83.22, but opened at $87.05. Kubota shares last traded at $87.05, with a volume of 730 shares traded.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Kubota to a “hold” rating in a research note on Thursday, July 2nd. Two analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Kubota presently has an average rating of “Buy”.
View Our Latest Research Report on Kubota
Kubota Price Performance
Kubota (OTCMKTS:KUBTY – Get Free Report) last issued its quarterly earnings results on Friday, May 8th. The industrial products company reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.51. The business had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $4.91 billion. Kubota had a return on equity of 7.75% and a net margin of 7.00%.Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. On average, equities analysts anticipate that Kubota Corp. will post 5.64 earnings per share for the current fiscal year.
Kubota Company Profile
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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