Makita (OTCMKTS:MKTAY) Releases Quarterly Earnings Results

Market Beat
2025.08.02 15:37
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Makita (OTCMKTS:MKTAY) reported quarterly earnings of $0.50 EPS, exceeding the consensus estimate of $0.38. The company generated $1.26 billion in revenue, significantly lower than the expected $187.49 billion. With a net margin of 11.07% and return on equity of 9.11%, Makita's stock rose to $32.29. Analysts have downgraded the stock from 'buy' to 'hold', indicating a cautious outlook. Makita specializes in manufacturing electric power tools and related equipment globally.

Makita (OTCMKTS:MKTAY - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.12, Zacks reports. The company had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $187.49 billion. Makita had a return on equity of 9.11% and a net margin of 11.07%.

Makita Stock Performance

Shares of MKTAY traded up $1.30 during trading hours on Friday, reaching $32.29. 2,169 shares of the company traded hands, compared to its average volume of 18,185. The stock's fifty day moving average is $30.56 and its 200 day moving average is $30.87. The stock has a market cap of $8.69 billion, a P/E ratio of 15.67 and a beta of 0.65. Makita has a 1-year low of $25.56 and a 1-year high of $39.05.

Analyst Upgrades and Downgrades

MKTAY has been the topic of several research analyst reports. Wall Street Zen cut shares of Makita from a "buy" rating to a "hold" rating in a research report on Sunday, July 27th. Citigroup cut shares of Makita from a "strong-buy" rating to a "hold" rating in a report on Monday, April 7th.

Get Our Latest Report on Makita

Makita Company Profile

(Get Free Report)

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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