Zacks Research lowered shares of Daimler Truck (OTCMKTS:DTRUY – Free Report) from a hold rating to a strong sell rating in a report published on Thursday morning,Zacks.com reports.
A number of other research analysts have also weighed in on DTRUY. Kepler Capital Markets raised shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Daimler Truck in a research report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research report on Thursday, July 23rd. Barclays upgraded Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th. Finally, Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Daimler Truck
Daimler Truck Price Performance
Daimler Truck (OTCMKTS:DTRUY – Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.39). The company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.29 billion. Sell-side analysts forecast that Daimler Truck will post 1.97 EPS for the current year.
Daimler Truck Company Profile
Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.
In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.
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