Makita (MKTAY) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Makita Electric Works, Ltd. and changed its name to Makita Corporation in April 1991. Makita Corporation was founded in 1915 and is headquartered in Anjo, Japan.

Key Stats

• Today's Range: $32.25 to $32.41
• 50-Day Range: $29.60 to $35.47
• 52-Week Range: $23.38 to $35.49
• Volume: 13,900 shs
• Average Volume: 12,925 shs
• Market Capitalization: $8.68 billion
• P/E Ratio: 23.22
• Dividend Yield: 1.21%
• Price Target: N/A
• Consensus Rating: Buy

Makita Stock Analysis - MarketRank™

Makita scored higher than 44% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Makita.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 14.18%

Earnings Growth

Earnings for Makita are expected to grow by 14.18% in the coming year, from $1.34 to $1.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Makita is 23.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.14.

Price to Earnings Ratio vs. Sector

The P/E ratio of Makita is 23.22, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.01.

Price to Book Value per Share Ratio

Makita has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.01% of the outstanding shares of Makita have been sold short.

Short Interest Ratio / Days to Cover

Makita has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Makita has recently increased by 8.90%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Makita pays a meaningful dividend of 1.21%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Makita does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Makita is 28.06%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Makita will have a dividend payout ratio of 25.49% next year. This indicates that Makita will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.01% of the outstanding shares of Makita have been sold short.

Short Interest Ratio / Days to Cover

Makita has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Makita has recently increased by 8.90%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.66

News Sentiment

Makita has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Makita this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Makita to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Makita insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Makita is held by insiders.

MKTAY Stock Analysis - Frequently Asked Questions

How have MKTAY shares performed this year?

Makita's stock was trading at $27.5140 at the beginning of the year. Since then, MKTAY stock has increased by 17.3% and is now trading at $32.28.
View the best growth stocks for 2024 here.

How were Makita's earnings last quarter?

Makita Co. (OTCMKTS:MKTAY) released its quarterly earnings data on Wednesday, January, 31st. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.25 by $0.05. The company earned $1.23 billion during the quarter. Makita had a net margin of 7.53% and a trailing twelve-month return on equity of 6.30%.

How do I buy shares of Makita?

Shares of MKTAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 1/31/2024
• Today: 11/04/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Discretionary
• Industry: Metalworking machinery & equipment
• Sub-Industry: Personal Services
• Current Symbol: OTCMKTS:MKTAY
• CUSIP: N/A
• CIK: 202467
• Web: www.makita.co.jp
• Phone: (156) 698-1711
• Fax: 81 0 566-98-6021
• Employees: 17,669
• Year Founded: 1971

Profitability

• EPS (Most Recent Fiscal Year): $1.39
• Trailing P/E Ratio: 23.22
• Forward P/E Ratio: 24.09
• P/E Growth: N/A
• Net Income: $301.47 million
• Net Margins: 7.53%
• Pretax Margin: 8.63%
• Return on Equity: 6.30%
• Return on Assets: 5.27%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.26
• Quick Ratio: 2.66

Sales & Book Value

• Annual Sales: $5.14 billion
• Price / Sales: 1.69
• Cash Flow: $1.84 per share
• Price / Cash Flow: 17.50
• Book Value: $22.45 per share
• Price / Book: 1.44

Miscellaneous

• Outstanding Shares: 269,020,000
• Free Float: 266,334,000
• Market Cap: $8.68 billion
• Optionable: Not Optionable
• Beta: 0.76