Komatsu (OTCMKTS:KMTUY) Lifted to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Komatsu (OTCMKTS:KMTUYGet Rating) from a sell rating to a hold rating in a report published on Friday, Zacks.com reports.

According to Zacks, “KOMATSU LTD., headquartered in Tokyo, Japan, is the world’s second largest manufacturer of earthmoving and construction machines, with annual revenues of 7,580 million euros (9.2 billion US$) and more than 30.000 employees worldwide. “

Shares of Komatsu stock opened at $22.84 on Friday. The business has a 50 day simple moving average of $23.55 and a two-hundred day simple moving average of $24.37. Komatsu has a 12 month low of $21.32 and a 12 month high of $31.52. The stock has a market capitalization of $22.23 billion, a P/E ratio of 12.15, a PEG ratio of 0.34 and a beta of 1.26. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.10.

Komatsu (OTCMKTS:KMTUYGet Rating) last announced its earnings results on Monday, January 31st. The industrial products company reported $0.58 EPS for the quarter. The business had revenue of $6.37 billion during the quarter. Komatsu had a return on equity of 9.41% and a net margin of 7.25%. As a group, research analysts anticipate that Komatsu will post 1.92 EPS for the current fiscal year.

Komatsu Company Profile (Get Rating)

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment; and forest and industrial machinery worldwide. The company operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others. It offers construction and mining equipment, including electric rope shovels, continuous miners, hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, mini excavators, utility equipment, and other mining equipment.

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