Daimler Truck Holding AG - Sponsored ADR (OTCMKTS:DTRUY) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Daimler Truck has a “Moderate Buy” consensus rating from nine analysts: five buy ratings, one strong buy, two holds, and one sell.
• Analyst sentiment has been mixed, with Barclays upgrading the stock to overweight while Morgan Stanley cut it to equal weight and Zacks Research downgraded it to strong sell.
• The company missed quarterly earnings expectations, reporting $0.09 EPS versus the $0.48 consensus, while revenue of $14.20 billion was slightly below forecasts.

Shares of Daimler Truck Holding AG - Sponsored ADR (OTCMKTS:DTRUY - Get Free Report) have been assigned an average rating of "Moderate Buy" from the nine analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company.

DTRUY has been the topic of several research reports. Morgan Stanley cut Daimler Truck from an "overweight" rating to an "equal weight" rating in a research report on Friday, September 4th. Barclays raised shares of Daimler Truck from a "hold" rating to an "overweight" rating in a research report on Tuesday, July 7th. Zacks Research downgraded shares of Daimler Truck from a "hold" rating to a "strong sell" rating in a report on Thursday, August 13th. Citigroup restated a "buy" rating on shares of Daimler Truck in a research report on Wednesday, August 12th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Daimler Truck in a report on Thursday, August 13th.

Daimler Truck Price Performance

Shares of DTRUY opened at $24.90 on Friday. The firm has a market cap of $38.12 billion and a PE ratio of 276.65. 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 firm has a fifty day simple moving average of $26.26 and a two-hundred day simple moving average of $24.99. Daimler Truck has a 1-year low of $19.43 and a 1-year high of $28.73.

Daimler Truck (OTCMKTS:DTRUY - Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by ($0.39). Daimler Truck had a return on equity of 4.79% and a net margin of 5.87%.The firm had revenue of $14.20 billion during the quarter, compared to analysts' expectations of $14.29 billion. On average, equities analysts anticipate that Daimler Truck will post 1.97 EPS 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 trucks, buses and coaches for long-haul transportation, construction, distribution, municipal and other commercial applications.

Its principal brands include Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck offers vehicles powered by conventional and alternative drivetrains, including battery-electric and hydrogen-based technologies, along with digital fleet-management, connectivity and other transportation solutions.

The company serves customers across Europe, North America, Latin America and Asia, as well as other international markets.

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