Shares of Continental AG (OTCMKTS:CTTAY – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.
A number of brokerages recently commented on CTTAY. Sanford C. Bernstein upgraded Continental from a “market perform” rating to an “outperform” rating in a research report on Thursday, October 8th. Oddo Bhf upgraded Continental from a “neutral” rating to an “outperform” rating in a report on Thursday, September 3rd.
Read Our Latest Stock Analysis on Continental
Continental Trading Down 0.6%
OTCMKTS CTTAY opened at $7.85 on Monday. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.94. The stock has a market cap of $15.70 billion, a P/E ratio of 108.86, a P/E/G ratio of 1.04 and a beta of 1.36. The company has a fifty day simple moving average of $7.86 and a two-hundred day simple moving average of $7.93. Continental has a 12-month low of $6.61 and a 12-month high of $8.97.
Continental (OTCMKTS:CTTAY – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.03. The business had revenue of $3.88 billion for the quarter, compared to analysts’ expectations of $3.96 billion. Continental had a negative net margin of 1.36% and a negative return on equity of 10.86%. On average, analysts forecast that Continental will post 0.66 earnings per share for the current year.
Continental Company Profile
Continental AG is a Germany-based technology and automotive supplier whose products and services support vehicle manufacturers, commercial transportation companies and industrial customers. The company develops vehicle systems and components, tires, and products made from rubber and other technical materials.
Its automotive activities include electronic systems, safety and motion-control technologies, software, displays, sensors and other components used in passenger vehicles and commercial vehicles.
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