Daimler AG (DDAIF) Receives Consensus Rating of “Hold” from Analysts

Shares of Daimler AG (OTCMKTS:DDAIF) have received a consensus rating of “Hold” from the seven brokerages that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company.

Several research analysts have recently issued reports on the company. Zacks Investment Research cut Daimler from a “buy” rating to a “hold” rating in a research note on Tuesday, July 3rd. ValuEngine raised Daimler from a “strong sell” rating to a “sell” rating in a research note on Monday, July 30th. Finally, Jefferies Financial Group raised Daimler from an “underperform” rating to a “hold” rating in a research note on Thursday, July 5th.

Shares of OTCMKTS:DDAIF traded up $1.91 on Wednesday, hitting $65.57. The company’s stock had a trading volume of 13,156 shares, compared to its average volume of 55,460. Daimler has a 12 month low of $62.00 and a 12 month high of $94.41. The stock has a market cap of $68.10 billion, a price-to-earnings ratio of 5.90, a PEG ratio of 2.26 and a beta of 1.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.93 and a current ratio of 1.23.

Daimler (OTCMKTS:DDAIF) last released its quarterly earnings results on Thursday, July 26th. The company reported $1.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.88 by $0.04. Daimler had a return on equity of 17.47% and a net margin of 5.68%. The company had revenue of $48.63 billion during the quarter, compared to analysts’ expectations of $48.30 billion. equities research analysts predict that Daimler will post 10.01 EPS for the current year.

Daimler Company Profile

Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services segments. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.

Recommended Story: How to Track your Portfolio in Google Finance

Analyst Recommendations for Daimler (OTCMKTS:DDAIF)

Receive News & Ratings for Daimler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply