Shares of Continental AG (OTCMKTS:CTTAY – Get Free Report) have earned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.
A number of analysts have weighed in on the company. Oddo Bhf upgraded Continental from a “neutral” rating to an “outperform” rating in a report on Thursday, September 3rd. Sanford C. Bernstein raised Continental from a “market perform” rating to an “outperform” rating in a research note on Thursday, October 8th.
View Our Latest Report on CTTAY
Continental Stock Up 7.1%
Shares of OTCMKTS:CTTAY opened at $7.99 on Monday. Continental has a 12-month low of $6.61 and a 12-month high of $8.97. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.94. The firm has a market cap of $15.98 billion, a P/E ratio of -26.63, a P/E/G ratio of 1.02 and a beta of 1.36. The business has a fifty day simple moving average of $7.86 and a 200 day simple moving average of $7.93.
Continental (OTCMKTS:CTTAY – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. The business had revenue of $3.88 billion during the quarter, compared to the consensus estimate of $3.96 billion. Continental had a negative net margin of 1.36% and a negative return on equity of 10.86%. Analysts predict that Continental will post 0.67 earnings per share for the current year.
About Continental
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.
Featured Stories
- Five stocks we like better than Continental
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
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.
