Komatsu (OTCMKTS:KMTUY) issued its quarterly earnings results on Monday. The industrial products company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.02, MarketWatch Earnings reports. Komatsu had a net margin of 8.72% and a return on equity of 12.91%. The firm had revenue of $6.03 billion for the quarter. Komatsu updated its FY 2019 guidance to $2.26-2.26 EPS.
Shares of KMTUY traded up $1.00 during midday trading on Wednesday, reaching $25.97. The stock had a trading volume of 7,787 shares, compared to its average volume of 81,799. Komatsu has a one year low of $23.34 and a one year high of $40.43. The company has a market cap of $22.52 billion, a PE ratio of 13.81, a price-to-earnings-growth ratio of 1.00 and a beta of 1.10. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.76 and a quick ratio of 1.00.
A number of brokerages have recently commented on KMTUY. ValuEngine downgraded shares of Komatsu from a “hold” rating to a “sell” rating in a research report on Thursday, September 6th. Zacks Investment Research downgraded shares of Komatsu from a “hold” rating to a “sell” rating in a research report on Friday, August 24th.
Komatsu Ltd. manufactures and sells construction, mining, and utility equipment 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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