Shares of Continental AG (OTCMKTS:CTTAY – Get Free Report) have earned an average rating of “Hold” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.
Separately, Zacks Research raised shares of Continental from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th.
Check Out Our Latest Analysis on CTTAY
Continental Price Performance
Continental (OTCMKTS:CTTAY – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.06). Continental had a negative return on equity of 4.89% and a net margin of 0.19%.The firm had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.07 billion. Equities research analysts anticipate that Continental will post 0.81 earnings per share for the current year.
Continental Company Profile
Continental AG, trading on the OTC market under the ticker CTTAY, is a global technology company renowned for its wide range of automotive and industrial products. The company’s core businesses include the design, development, and manufacturing of tires for passenger cars, commercial trucks, and specialty applications, as well as advanced automotive systems such as braking solutions, vehicle stability controls, sensors and electronic safety devices.
Founded in 1871 and headquartered in Hanover, Germany, Continental began as a rubber manufacturer before pioneering pneumatic tires in the late 19th century.
Read More
- Five stocks we like better than Continental
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with MarketBeat.com's FREE daily email newsletter.
