Kubota (OTCMKTS:KUBTY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Kubota Corp. (OTCMKTS:KUBTY) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $83.69 and traded as high as $87.42. Kubota shares last traded at $87.00, with a volume of 19,004 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Kubota from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Kubota Trading Up 2.4%

The company has a quick ratio of 1.26, a current ratio of 1.65 and a debt-to-equity ratio of 0.48. The stock has a fifty day simple moving average of $83.69 and a 200 day simple moving average of $80.57. The firm has a market capitalization of $19.78 billion, a P/E ratio of 13.70 and a beta of 0.91.

Kubota (OTCMKTS:KUBTY) last released its quarterly earnings data on Friday, May 8th. The industrial products company reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.54 by $0.51. Kubota had a return on equity of 7.76% and a net margin of 7.00%.The firm had revenue of $5.18 billion during the quarter, compared to analyst estimates of $4.91 billion. Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. As a group, research analysts forecast that Kubota Corp. will post 5.89 EPS for the current year.

About Kubota

Kubota Corporation (OTCMKTS: KUBTY) is a Japanese multinational manufacturer specializing in agricultural machinery, construction equipment, engines and water infrastructure systems. Founded in 1890 and headquartered in Osaka, Japan, the company has grown from its origins as a cast-iron manufacturer into a diversified industrial enterprise. Kubota’s agricultural machinery portfolio includes tractors, combine harvesters, rice transplanters and irrigation equipment, while its construction machinery lineup features compact excavators, wheel loaders and skid-steer loaders.