Daimler Truck Holding AG – Sponsored ADR (DTRUY) – What Are Analysts Saying About This Stock?

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) has earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company.

A number of brokerages have commented on DTRUY. Royal Bank Of Canada restated an “outperform” rating on shares of Daimler Truck in a research report on Thursday, August 13th. Zacks Research raised shares of Daimler Truck from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 30th. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research note on Thursday, July 23rd. Finally, Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st.

Daimler Truck Stock Down 0.2%

Shares of DTRUY stock opened at $22.91 on Thursday. Daimler Truck has a 12 month low of $19.43 and a 12 month high of $28.73. The stock has a market cap of $35.08 billion, a P/E ratio of 45.82 and a beta of 0.06. The company has a current ratio of 1.70, a quick ratio of 1.33 and a debt-to-equity ratio of 0.82. The company has a 50 day simple moving average of $24.92 and a two-hundred day simple moving average of $24.90.

Daimler Truck (OTCMKTS:DTRUY) last released its quarterly earnings results on Friday, August 7th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.39). The business had revenue of $14.20 billion during the quarter, compared to the consensus estimate of $14.29 billion. Daimler Truck had a return on equity of 4.79% and a net margin of 5.87%. On average, research analysts expect that Daimler Truck will post 2.00 earnings per share for the current year.

About Daimler Truck

Daimler Truck Holding AG is a global commercial vehicle manufacturer headquartered in Leinfelden-Echterdingen, Germany. The company develops, manufactures and sells medium- and heavy-duty trucks, buses and coaches, along with related parts, maintenance, leasing and financing services.

Its portfolio includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck also develops electric and other alternative-drive commercial vehicles, digital fleet-management solutions and charging-related services to support the transition toward lower-emission transportation.

The company serves customers across Europe, North America, Latin America and Asia, with manufacturing, sales and service operations in multiple international markets.