Komatsu (OTCMKTS:KMTUY – Get Free Report) is expected to announce its results after the market closes on Thursday, October 29th. Analysts expect Komatsu to post earnings of $0.7180 per share and revenue of $6.70 billion for the quarter.
Komatsu (OTCMKTS:KMTUY – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.59 by $0.08. The company had revenue of $6.37 billion during the quarter, compared to analysts’ expectations of $6.13 billion. On average, analysts expect Komatsu to post $2.69 EPS for the current fiscal year and $2.87 EPS for the next fiscal year.
Komatsu Stock Performance
Komatsu stock opened at $43.46 on Wednesday. The stock’s 50 day simple moving average is $46.15 and its two-hundred day simple moving average is $43.08. The stock has a market cap of $40.43 billion, a price-to-earnings ratio of 15.92 and a beta of 1.07. Komatsu has a fifty-two week low of $30.65 and a fifty-two week high of $52.74.
Analyst Ratings Changes
KMTUY has been the subject of several research reports. Zacks Research raised Komatsu from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. The Goldman Sachs Group upgraded Komatsu from a “hold” rating to a “strong-buy” rating in a research report on Sunday, October 4th. Finally, Citigroup raised Komatsu from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 25th. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.
Check Out Our Latest Research Report on Komatsu
Komatsu Company Profile
Komatsu Ltd. is a Japan-based manufacturer of construction, mining, forestry and industrial equipment. Its product portfolio includes hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, underground mining machinery and other equipment used in infrastructure development, resource extraction and material handling.
The company also provides equipment parts, maintenance and repair services, fleet-management technologies and digital solutions. Its Smart Construction platform is designed to help customers plan, monitor and improve job-site operations, while Komatsu develops automation and remote-control systems for construction and mining applications.
Komatsu traces its origins to Komatsu Iron Works, established in Ishikawa Prefecture, Japan, in 1921.
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