Analysts Set Expectations for Thyssenkrupp Ag’s FY2018 Earnings (TKAMY)

Thyssenkrupp Ag (OTCMKTS:TKAMY) – Investment analysts at Jefferies Group raised their FY2018 earnings per share (EPS) estimates for shares of Thyssenkrupp in a research report issued to clients and investors on Tuesday. Jefferies Group analyst S. Rosenfeld now anticipates that the company will post earnings per share of $2.04 for the year, up from their previous estimate of $1.94.

A number of other research firms also recently issued reports on TKAMY. Zacks Investment Research downgraded shares of Thyssenkrupp from a “hold” rating to a “strong sell” rating in a research note on Friday, October 27th. Barclays downgraded shares of Thyssenkrupp from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, October 3rd.

Thyssenkrupp (OTCMKTS:TKAMY) traded up $0.44 during trading on Thursday, reaching $31.10. 1,176 shares of the company were exchanged, compared to its average volume of 1,525. The stock has a market capitalization of $19,090.00, a P/E ratio of 50.26 and a beta of 2.69. The company has a current ratio of 1.23, a quick ratio of 0.79 and a debt-to-equity ratio of 3.23. Thyssenkrupp has a 52 week low of $23.26 and a 52 week high of $32.01.

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Thyssenkrupp Company Profile

thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The company’s Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segment’s products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.

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