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OTCMKTS:MKTAY

Makita (MKTAY) Stock Price, News & Analysis

Makita logo
$29.97 +0.27 (+0.91%)
(As of 11/20/2024 ET)

About Makita Stock (OTCMKTS:MKTAY)

Key Stats

Today's Range
$29.84
$30.12
50-Day Range
$29.35
$35.47
52-Week Range
$24.59
$35.49
Volume
5,965 shs
Average Volume
10,938 shs
Market Capitalization
$8.06 billion
P/E Ratio
21.56
Dividend Yield
1.30%
Price Target
N/A
Consensus Rating
Buy

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.

Makita Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
40th Percentile Overall Score

MKTAY MarketRank™: 

Makita scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Makita are expected to grow by 14.08% in the coming year, from $1.42 to $1.62 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Makita is 21.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Makita is 21.56, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.16.

  • Price to Book Value per Share Ratio

    Makita has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • 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 0.8, 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 1.26%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Makita pays a meaningful dividend of 1.33%, 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 24.07% next year. This indicates that Makita will be able to sustain or increase its dividend.

  • Read more about Makita's dividend.
  • 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 0.8, 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 1.26%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Makita has a news sentiment score of 1.00. 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 0.64 average news sentiment score of Consumer Discretionary companies.
  • 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.

  • Read more about Makita's insider trading history.
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MKTAY Stock Analysis - Frequently Asked Questions

Makita's stock was trading at $27.5140 on January 1st, 2024. Since then, MKTAY stock has increased by 8.9% and is now trading at $29.9660.
View the best growth stocks for 2024 here
.

Makita Co. (OTCMKTS:MKTAY) posted its quarterly earnings data on Wednesday, January, 31st. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.05. The business 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%.

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
11/21/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
Personal Services
Current Symbol
OTCMKTS:MKTAY
Employees
17,669
Year Founded
1971

Profitability

Net Income
$301.47 million
Pretax Margin
8.63%

Debt

Sales & Book Value

Annual Sales
$5.14 billion
Cash Flow
$1.88 per share
Book Value
$22.45 per share

Miscellaneous

Free Float
266,334,000
Market Cap
$8.06 billion
Optionable
Not Optionable
Beta
0.76

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This page (OTCMKTS:MKTAY) was last updated on 11/21/2024 by MarketBeat.com Staff
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