Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUYGet Free Report) has received a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company.

A number of research firms have recently commented on DTRUY. Zacks Research downgraded Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a report on Thursday, July 23rd. Morgan Stanley downgraded Daimler Truck from an “overweight” rating to an “equal weight” rating in a report on Friday, September 4th. Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. Finally, Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, August 12th.

View Our Latest Research Report on DTRUY

Daimler Truck Trading Down 0.1%

Shares of DTRUY stock opened at $24.89 on Friday. The firm’s 50-day simple moving average is $26.29 and its 200-day simple moving average is $25.01. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.70 and a quick ratio of 1.33. Daimler Truck has a 1-year low of $19.43 and a 1-year high of $28.73. The firm has a market cap of $38.10 billion and a P/E ratio of 276.50.

Daimler Truck (OTCMKTS:DTRUYGet Free Report) last issued its earnings results on Friday, August 7th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39). Daimler Truck had a net margin of 5.87% and a return on equity of 4.79%. The business had revenue of $14.20 billion during the quarter, compared to analysts’ expectations of $14.29 billion. As a group, equities analysts forecast that Daimler Truck will post 1.97 EPS for the current year.

About Daimler Truck

(Get Free Report)

Daimler Truck Holding AG is a global commercial-vehicle manufacturer headquartered in Leinfelden-Echterdingen, Germany. The company develops, manufactures and sells trucks, buses and coaches for long-haul transportation, construction, distribution, municipal and other commercial applications.

Its principal brands include Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck offers vehicles powered by conventional and alternative drivetrains, including battery-electric and hydrogen-based technologies, along with digital fleet-management, connectivity and other transportation solutions.

The company serves customers across Europe, North America, Latin America and Asia, as well as other international markets.

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Analyst Recommendations for Daimler Truck (OTCMKTS:DTRUY)

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