Daimler Truck (OTCMKTS:DTRUY – Get Free Report) issued its earnings results on Friday. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.06), Zacks reports. Daimler Truck had a return on equity of 4.79% and a net margin of 5.87%.
Daimler Truck Trading Down 3.6%
Shares of DTRUY traded down $0.83 during mid-day trading on Friday, reaching $22.34. 87,666 shares of the company were exchanged, compared to its average volume of 61,188. The business has a 50 day simple moving average of $24.08 and a two-hundred day simple moving average of $24.71. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.33 and a current ratio of 1.70. The stock has a market capitalization of $34.21 billion, a PE ratio of 44.69 and a beta of 0.12. Daimler Truck has a 52 week low of $19.66 and a 52 week high of $28.73.
Analyst Ratings Changes
DTRUY has been the topic of a number of recent research reports. Morgan Stanley lowered Daimler Truck from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 4th. Zacks Research raised Daimler Truck from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a report on Thursday, July 23rd. Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Daimler Truck in a report on Thursday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Daimler Truck currently has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on DTRUY
About Daimler Truck
Daimler Truck Holding AG is a global commercial vehicle manufacturer headquartered in Leinfelden-Echterdingen, Germany. The company develops, manufactures and sells medium- and heavy-duty trucks, buses and coaches, along with related parts, maintenance, leasing and financing services.
Its portfolio includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck also develops electric and other alternative-drive commercial vehicles, digital fleet-management solutions and charging-related services to support the transition toward lower-emission transportation.
The company serves customers across Europe, North America, Latin America and Asia, with manufacturing, sales and service operations in multiple international markets.
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