Kubota (OTCMKTS:KUBTY - Get Free Report) updated its FY 2024 earnings guidance on Friday. The company provided earnings per share guidance of 1.270-1.270 for the period. The company issued revenue guidance of $19.8 billion-$19.8 billion.
Kubota Price Performance
KUBTY traded up $0.45 during trading hours on Friday, hitting $66.95. The company's stock had a trading volume of 46,444 shares, compared to its average volume of 38,278. Kubota has a 12 month low of $59.47 and a 12 month high of $85.00. The company has a current ratio of 1.73, a quick ratio of 1.31 and a debt-to-equity ratio of 0.52. The business's 50-day moving average price is $69.16 and its 200-day moving average price is $71.12. The stock has a market cap of $15.77 billion, a price-to-earnings ratio of 9.04, a P/E/G ratio of 4.99 and a beta of 0.97.
Kubota (OTCMKTS:KUBTY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.83. Kubota had a return on equity of 10.10% and a net margin of 8.43%. The business had revenue of $5.16 billion during the quarter. Sell-side analysts expect that Kubota will post 7.02 earnings per share for the current fiscal year.
About Kubota
(
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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.
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