Kubota Co. (OTCMKTS:KUBTY) Short Interest Up 67.4% in January

Kubota Co. (OTCMKTS:KUBTY) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 54,400 shares, a growth of 67.4% from the January 15th total of 32,500 shares. Based on an average daily trading volume, of 130,500 shares, the short-interest ratio is presently 0.4 days.

Kubota Stock Up 0.3 %

KUBTY traded up $0.17 on Friday, reaching $62.16. The company’s stock had a trading volume of 17,279 shares, compared to its average volume of 63,944. The stock has a 50 day moving average of $59.83 and a two-hundred day moving average of $64.85. The company has a quick ratio of 1.23, a current ratio of 1.65 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $14.35 billion, a price-to-earnings ratio of 8.62, a P/E/G ratio of 4.17 and a beta of 0.97. Kubota has a fifty-two week low of $54.19 and a fifty-two week high of $85.00.

Kubota (OTCMKTS:KUBTY) last announced its quarterly earnings results on Thursday, February 13th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter. The firm had revenue of $4.85 billion during the quarter. Kubota had a return on equity of 9.73% and a net margin of 8.34%. As a group, analysts forecast that Kubota will post 6.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Kubota from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 4th.

About Kubota

Kubota Corporation manufactures and sells agricultural and construction machinery in Japan, North America, Europe, Asia, and internationally. It operates through three segments: Farm & Machinery, Water & Environment, and Others. The Farm & 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, intermediate management machine, and other equipment; cooperative drying, rice seedling, and gardening facilities; scales, weighing and measuring control systems, and air purifier; engines for farm equipment, construction machinery, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track loaders, and other construction machinery related products.