ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Average Recommendation of “Hold” from Analysts

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company.

TKAMY has been the subject of several recent research reports. Jefferies Financial Group upgraded ThyssenKrupp from a “hold” rating to a “buy” rating in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft upgraded ThyssenKrupp from a “buy” rating to a “buy” rating in a research report on Thursday, April 30th. Barclays reiterated an “underweight” rating on shares of ThyssenKrupp in a research report on Monday, February 23rd. Finally, Zacks Research downgraded ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 24th.

ThyssenKrupp Stock Performance

TKAMY opened at $12.67 on Wednesday. The business has a fifty day simple moving average of $10.25 and a 200 day simple moving average of $11.69. The company has a market capitalization of $7.89 billion, a PE ratio of 11.73 and a beta of 1.35. ThyssenKrupp has a 1 year low of $8.16 and a 1 year high of $17.02. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.72 and a quick ratio of 1.01.

ThyssenKrupp (OTCMKTS:TKAMY) last released its quarterly earnings results on Thursday, February 12th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.27). The firm had revenue of $8.52 billion during the quarter, compared to the consensus estimate of $9.42 billion. ThyssenKrupp had a net margin of 1.83% and a return on equity of 9.08%. Research analysts expect that ThyssenKrupp will post 0.33 EPS for the current year.

ThyssenKrupp Company Profile

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.