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

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

DTRUY has been the topic of several research analyst reports. Morgan Stanley cut Daimler Truck from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Daimler Truck in a report on Thursday, August 13th. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Wednesday, August 12th. Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a report on Thursday, July 23rd.

Daimler Truck Stock Up 0.4%

OTCMKTS DTRUY opened at $22.70 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.70 and a quick ratio of 1.33. The stock has a market capitalization of $34.77 billion, a PE ratio of 45.41 and a beta of 0.06. Daimler Truck has a 1 year low of $19.43 and a 1 year high of $28.73. The business’s 50-day moving average is $25.31 and its 200 day moving average is $24.94.

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

About Daimler Truck

Daimler Truck Holding AG is a commercial-vehicle manufacturer headquartered in Stuttgart, Germany. The company develops, produces and sells heavy-, medium- and light-duty trucks, as well as buses, coaches and related transportation solutions. Its portfolio includes conventional internal-combustion, battery-electric and hydrogen-based vehicle technologies, along with digital and fleet-management services.

Daimler Truck markets vehicles under brands including Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses.