Continental AG (CTTAY) - What Are Brokerages Thinking About This Stock?

Key Points

• Analysts give Continental AG a “Moderate Buy” consensus: Five of nine covering firms recommend buying the stock, while four rate it a hold. Sanford C. Bernstein and Oddo Bhf recently upgraded the shares, while Kepler Capital Markets downgraded them to hold.
• CTTAY opened at $7.44, below its 50-day and 200-day moving averages of $7.88 and $7.93, respectively. The stock has traded between $6.61 and $8.97 over the past year, with a market capitalization of approximately $14.88 billion.
• Continental’s latest quarterly results were mixed: revenue of $5.09 billion exceeded estimates, but earnings per share of $0.14 fell short of the $0.16 consensus. The company reported a negative net margin and negative return on equity, while analysts expect full-year EPS of $0.67.

Continental AG (OTCMKTS:CTTAY - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the nine research firms that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.

CTTAY has been the topic of several research reports. Sanford C. Bernstein upgraded Continental from a "market perform" rating to an "outperform" rating in a research note on Thursday, October 8th. Oddo Bhf upgraded Continental from a "neutral" rating to an "outperform" rating in a report on Thursday, September 3rd. Finally, Kepler Capital Markets downgraded Continental from a "strong-buy" rating to a "hold" rating in a report on Monday, July 6th.

Continental Price Performance

Shares of CTTAY stock opened at $7.44 on Monday. The firm's 50-day moving average is $7.88 and its two-hundred day moving average is $7.93. The company has a market capitalization of $14.88 billion, a PE ratio of -24.80, a price-to-earnings-growth ratio of 1.02 and a beta of 1.36. Continental has a 12 month low of $6.61 and a 12 month high of $8.97. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.38 and a quick ratio of 1.06.

Continental (OTCMKTS:CTTAY - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.02). Continental had a negative net margin of 1.36% and a negative return on equity of 10.86%. The firm had revenue of $5.09 billion during the quarter, compared to analyst estimates of $5.03 billion. Analysts predict that Continental will post 0.67 earnings per share for the current year.

Continental Company Profile

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.

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