Komatsu Ltd (OTCMKTS:KMTUY) – Jefferies Financial Group lowered their FY2021 earnings per share estimates for shares of Komatsu in a research report issued on Sunday, June 28th. Jefferies Financial Group analyst S. Fukuhara now forecasts that the industrial products company will post earnings per share of $1.09 for the year, down from their previous estimate of $1.42. Jefferies Financial Group currently has a “Buy” rating on the stock. Jefferies Financial Group also issued estimates for Komatsu’s FY2024 earnings at $1.60 EPS.
Komatsu (OTCMKTS:KMTUY) last announced its quarterly earnings data on Monday, May 18th. The industrial products company reported $0.18 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.17). Komatsu had a return on equity of 8.23% and a net margin of 6.29%. The company had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $4.46 billion.
KMTUY has been the topic of several other reports. Goldman Sachs Group cut Komatsu from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 31st. ValuEngine upgraded Komatsu from a “sell” rating to a “hold” rating in a research note on Tuesday, May 19th. Finally, Zacks Investment Research cut Komatsu from a “hold” rating to a “sell” rating in a research note on Wednesday, April 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $25.00.
KMTUY stock opened at $20.44 on Wednesday. The firm has a 50 day simple moving average of $20.13 and a 200-day simple moving average of $20.40. Komatsu has a twelve month low of $13.38 and a twelve month high of $25.35. The company has a market capitalization of $19.66 billion, a P/E ratio of 13.47, a PEG ratio of 2.94 and a beta of 1.56. The company has a current ratio of 1.68, a quick ratio of 0.99 and a debt-to-equity ratio of 0.24.
Komatsu Company Profile
Komatsu Ltd. manufactures and sells construction, mining, and utility equipment worldwide. The company operates through three segments: Construction, Mining, and Utility Equipment; Retail Finance; and Industrial Machinery and Others. It offers construction and mining equipment, including electric rope shovels, continuous miners, hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, mini excavators, utility equipment, and other mining equipment.
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