Kubota Co. (OTCMKTS:KUBTY) Sees Large Drop in Short Interest

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

Kubota Stock Down 2.4 %

KUBTY opened at $61.67 on Friday. The company has a 50 day moving average of $60.42 and a 200 day moving average of $64.63. The company has a market cap of $14.24 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 5.29 and a beta of 0.97. The company has a current ratio of 1.65, a quick ratio of 1.23 and a debt-to-equity ratio of 0.50. Kubota has a 12 month low of $54.19 and a 12 month high of $85.00.

Kubota (OTCMKTS:KUBTY) last issued its quarterly earnings data on Thursday, February 13th. The industrial products company reported $0.94 EPS for the quarter. The firm had revenue of $4.85 billion during the quarter. Kubota had a net margin of 7.63% and a return on equity of 8.73%. On average, sell-side analysts expect that Kubota will post 5.57 EPS for the current year.

Analyst Upgrades and Downgrades

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

Kubota Company Profile

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.