Komatsu (OTCMKTS:KMTUY) Stock Rating Upgraded by Jefferies Financial Group

Komatsu (OTCMKTS:KMTUY) was upgraded by equities research analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, The Fly reports. Jefferies Financial Group also issued estimates for Komatsu’s FY2022 earnings at $1.37 EPS, FY2023 earnings at $1.53 EPS and FY2025 earnings at $1.45 EPS.

Several other equities research analysts also recently weighed in on KMTUY. ValuEngine raised Komatsu from a “sell” rating to a “hold” rating in a research report on Tuesday, May 19th. Zacks Investment Research downgraded Komatsu from a “hold” rating to a “sell” rating in a research report on Wednesday, April 1st. Finally, Goldman Sachs Group downgraded Komatsu from a “buy” rating to a “neutral” rating in a research report on Tuesday, March 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $25.00.

OTCMKTS KMTUY opened at $20.44 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.68 and a quick ratio of 0.99. The stock’s fifty day moving average price is $20.13 and its 200 day moving average price is $20.40. Komatsu has a 1 year low of $13.38 and a 1 year high of $25.35. The company has a market cap of $19.66 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 2.88 and a beta of 1.58.

Komatsu (OTCMKTS:KMTUY) last announced its quarterly earnings results on Monday, May 18th. The industrial products company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.17). The company had revenue of $5.67 billion for the quarter, compared to analyst estimates of $4.46 billion. Komatsu had a return on equity of 8.23% and a net margin of 6.29%. Research analysts expect that Komatsu will post 1.18 earnings per share for the current year.

About Komatsu

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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