Kubota Co. (OTCMKTS:KUBTY) Short Interest Up 67.4% in January

Kubota Co. (OTCMKTS:KUBTY) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 54,400 shares, an increase of 67.4% from the January 15th total of 32,500 shares. Based on an average daily trading volume, of 130,500 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

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

Kubota Price Performance

Shares of KUBTY traded up $0.17 during mid-day trading on Friday, reaching $62.16. The company had a trading volume of 17,279 shares, compared to its average volume of 63,944. Kubota has a twelve month low of $54.19 and a twelve month high of $85.00. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.65 and a quick ratio of 1.23. The company’s 50-day moving average is $59.83 and its 200-day moving average is $64.85. The company has a market capitalization of $14.35 billion, a P/E ratio of 8.62, a P/E/G ratio of 4.17 and a beta of 0.97.

Kubota (OTCMKTS:KUBTY) last issued its earnings results on Thursday, February 13th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter. Kubota had a return on equity of 9.73% and a net margin of 8.34%. The business had revenue of $4.85 billion during the quarter. On average, equities analysts anticipate that Kubota will post 6.71 EPS for the current year.

About Kubota

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.