The Goldman Sachs Group downgraded shares of Kubota (OTCMKTS:KUBTY – Free Report) from a strong-buy rating to a strong sell rating in a research report report published on Sunday,Zacks reports.
Several other brokerages also recently commented on KUBTY. Morgan Stanley downgraded shares of Kubota from an “equal weight” rating to an “underweight” rating in a report on Wednesday, September 30th. Zacks Research raised shares of Kubota from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.
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Kubota Trading Up 0.2%
Kubota (OTCMKTS:KUBTY – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.99. The firm had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.05 billion. Kubota had a return on equity of 9.12% and a net margin of 8.18%.Kubota has set its FY 2026 guidance at 8.150-8.150 EPS. Sell-side analysts forecast that Kubota will post 7.66 earnings per share for the current year.
About Kubota
Kubota Corporation is a Japanese manufacturer of agricultural, construction and water-related equipment. Founded in Osaka in 1890 by Gonshiro Kubota, the company has developed from a producer of cast-iron water pipes into a global industrial group serving farmers, contractors, municipalities and other commercial customers.
Kubota’s agricultural products include tractors, combines, rice transplanters, farm implements, lawn and grounds-care equipment, and utility vehicles. The company also manufactures compact construction machinery, including excavators, wheel loaders and related equipment, as well as diesel and other industrial engines used in construction, agriculture and power-generation applications.
Through its water and environmental businesses, Kubota provides products and systems such as ductile iron pipes, valves, pumps and wastewater-treatment equipment.
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