Makita (OTCMKTS:MKTAY – Get Free Report) was upgraded by The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, MarketBeat Ratings reports.
Makita Price Performance
MKTAY opened at $27.89 on Monday. The company’s 50 day simple moving average is $28.99 and its 200-day simple moving average is $27.70. Makita has a one year low of $23.38 and a one year high of $31.88. The stock has a market capitalization of $7.50 billion, a P/E ratio of 24.68 and a beta of 0.77.
Makita (OTCMKTS:MKTAY – Get Free Report) last announced its quarterly earnings data on Friday, April 26th. The company reported $0.28 EPS for the quarter. The firm had revenue of $1.28 billion for the quarter. Makita had a return on equity of 5.12% and a net margin of 5.89%. As a group, analysts anticipate that Makita will post 1.31 EPS for the current year.
About Makita
Makita Corporation engages in the manufacture and sale of electric power tools, pneumatic tools, and gardening and household equipment in Japan, Europe, North America, Asia, Australia, Brazil, and the United Arab Emirates. It offers cordless, drilling/fastening, impact drilling/demolition, grinding/sanding, sawing, planning/routering, pneumatic, outdoor power, and dust extraction/other equipment, as well as accessories; and cutting equipment for new materials, masonry, and metals.
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