Makita (OTCMKTS:MKTAY - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.58 earnings per share for the quarter, Zacks reports. Makita had a return on equity of 6.30% and a net margin of 7.53%.
Makita Stock Performance
Shares of OTCMKTS MKTAY traded up $0.91 during mid-day trading on Wednesday, hitting $31.90. 16,401 shares of the stock traded hands, compared to its average volume of 15,856. Makita has a 52 week low of $24.59 and a 52 week high of $35.49. The company has a market cap of $8.58 billion, a price-to-earnings ratio of 22.95 and a beta of 0.74. The stock has a fifty day moving average price of $30.42 and a 200-day moving average price of $31.25.
Makita Company Profile
(
Get Free Report)
Makita Corporation engages in the manufacture and sale of electric power tools, pneumatic tools, and gardening and household equipment in Japan, Europe, North America, Asia, Australia, Brazil, and the United Arab Emirates. It offers cordless, drilling/fastening, impact drilling/demolition, grinding/sanding, sawing, planning/routering, pneumatic, outdoor power, and dust extraction/other equipment, as well as accessories; and cutting equipment for new materials, masonry, and metals.
Further Reading
Before you consider Makita, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Makita wasn't on the list.
While Makita currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
