Q4 2022 EPS Estimates for Kubota Co. (OTCMKTS:KUBTY) Cut by Jefferies Financial Group

Kubota Co. (OTCMKTS:KUBTYGet Rating) – Stock analysts at Jefferies Financial Group dropped their Q4 2022 EPS estimates for Kubota in a note issued to investors on Wednesday, September 21st. Jefferies Financial Group analyst S. Fukuhara now forecasts that the industrial products company will post earnings per share of $1.70 for the quarter, down from their previous estimate of $1.78. The consensus estimate for Kubota’s current full-year earnings is $6.22 per share.

Kubota (OTCMKTS:KUBTYGet Rating) last posted its earnings results on Wednesday, August 3rd. The industrial products company reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.27). Kubota had a return on equity of 8.68% and a net margin of 6.98%. The firm had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.41 billion.

KUBTY has been the subject of a number of other research reports. JPMorgan Chase & Co. cut shares of Kubota from a “neutral” rating to an “underweight” rating in a research note on Thursday, June 30th. The Goldman Sachs Group lowered Kubota from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 1st.

Kubota Price Performance

Shares of OTCMKTS KUBTY opened at $73.43 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.04 and a current ratio of 1.46. The firm has a market cap of $17.74 billion, a PE ratio of 12.62, a PEG ratio of 8.14 and a beta of 1.09. Kubota has a one year low of $72.14 and a one year high of $119.53. The firm has a fifty day moving average of $78.90 and a 200 day moving average of $83.87.

About Kubota

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Kubota Corporation manufactures and markets machinery and related solutions in the food, water, and environment markets in Japan, North America, Europe, Asia, and internationally. It operates in three segments: Farm & Industrial Machinery, Water & Environment, and Other. The Farm & Industrial 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, and other agricultural equipment; cooperative drying, rice seedling, and gardening facilities; rice mill plants; scales, weighing and measuring control systems, and air purifiers; engines for farming, construction, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track and, and other construction machinery related products.

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