Kubota (OTCMKTS:KUBTY) Upgraded to Hold at The Goldman Sachs Group

Kubota (OTCMKTS:KUBTY) was upgraded by equities research analysts at The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Kubota Stock Performance

Shares of KUBTY opened at $62.18 on Tuesday. Kubota has a 12-month low of $54.19 and a 12-month high of $85.00. The stock has a market capitalization of $14.36 billion, a P/E ratio of 8.62, a P/E/G ratio of 4.17 and a beta of 0.97. The firm’s 50 day moving average is $59.95 and its 200-day moving average is $65.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.65 and a quick ratio of 1.23.

Kubota (OTCMKTS:KUBTY) last posted its quarterly earnings results on Friday, November 8th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter. The company had revenue of $4.69 billion for the quarter. Kubota had a return on equity of 9.73% and a net margin of 8.34%. Equities research analysts anticipate that Kubota will post 6.71 EPS for the current fiscal 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.