Streetbeat News

KMTUY

Komatsu Ltd

https://home.komatsu/

CEO

Tetsuji Ohashi

Open

26.64

Mkt cap

24B

Volume

13K

High

26.80

P/E Ratio

10.01

52-wk high

32.16

Low

26.64

Div yield

0.04

52-wk low

24.05

Komatsu reported its H1 sales increased to JPY 1,968.1 billion from JPY 1,822.9 billion year-over-year, while net income slightly decreased to JPY 201.7 billion from JPY 205.5 billion.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:35 am

Rio Tinto Group (NYSE:RIO) and BHP Group Limited (NYSE:BHP) have announced a partnership to test large battery-electric haul truck technology in Pilbara, Western Australia. The collaboration involves Caterpillar, Inc. (NYSE:CAT) and Komatsu Ltd. (OTC:KMTUY) providing trucks for trials aimed at achieving net zero operational greenhouse gas emissions by 2050.

Portfolio Pulse from Lekha Gupta

May 28, 2024 | 12:30 pm

Laser Photonics Corporation (NASDAQ:LASE) shares surged after announcing a distribution agreement with Incredible Supply & Logistics for its military and industrial laser solutions. The partnership is expected to expand Laser Photonics' customer base and distributor network, leveraging ISL's strong connections with U.S. defense agencies and its national distribution network. Additionally, Laser Photonics recently received an order for its CleanTech LPC-500-CTHD laser cleaning system from Komatsu (OTC:KMTUY) through its Japanese distributor.

Portfolio Pulse from Lekha Gupta

March 21, 2024 | 2:30 pm

UBS predicts a bull market for gold and silver in 2024, driven by potential Federal Reserve interest rate cuts, with gold expected to reach $2,200 per ounce. The global mining equipment market is also forecasted to grow significantly, benefiting companies like Deere & Company, Caterpillar, and Komatsu America Corp. South Africa's President highlights challenges in the mining sector, including energy shortages and illegal activities, impacting the country's attractiveness to investors.

Portfolio Pulse from Austin DeNoce

February 05, 2024 | 10:44 pm

Caterpillar (NYSE:CAT) is set to report its Q3 earnings on Oct. 31. Investors are keen to see if increased infrastructure spending and the transition to clean energy are impacting CAT's bottom line. The company stands to benefit from the Infrastructure Investment and Jobs Act and the Revitalize American Manufacturing and Secure Critical Supply Chains per the Biden-Harris Plan. Risks include rising interest rates, inflation concerns, and the volatile US PMI index. Wall Street analysts expect CAT to report $4.79 in EPS for the quarter and $16.56BN in revenue. The stock is currently trading at around $250/share, down ~9% over the past month.

Portfolio Pulse from Surbhi Jain

October 25, 2023 | 7:55 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.