Continental AG (OTCMKTS:CTTAY) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Continental AG has received a consensus rating of "Moderate Buy" from five analysts, with three holding the stock, one rating it a buy, and one a strong buy.
• The company's recent earnings report showed $0.28 EPS, exceeding the consensus estimate of $0.26, with revenues of $11.09 billion.
• Continental has a market cap of $17.20 billion and operates in various sectors including Automotive and Tires, providing intelligent solutions for vehicles and transportation.

Continental AG (OTCMKTS:CTTAY - Get Free Report) has received an average recommendation of "Moderate Buy" from the five brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts have issued reports on the company. Oddo Bhf upgraded Continental to a "neutral" rating in a research note on Monday, September 1st. Jefferies Financial Group cut shares of Continental from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd.

Continental Price Performance

CTTAY traded up $0.16 during midday trading on Wednesday, hitting $8.73. The stock had a trading volume of 35,839 shares, compared to its average volume of 151,565. The company has a market cap of $17.46 billion, a P/E ratio of 10.03, a price-to-earnings-growth ratio of 0.69 and a beta of 1.37. Continental has a 1 year low of $5.64 and a 1 year high of $9.19. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.03 and a current ratio of 1.18. The business has a fifty day moving average of $8.79 and a 200 day moving average of $8.16.

Continental (OTCMKTS:CTTAY - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.02. Continental had a return on equity of 13.20% and a net margin of 4.54%.The business had revenue of $11.09 billion during the quarter, compared to analysts' expectations of $11.10 billion. As a group, equities analysts forecast that Continental will post 0.66 earnings per share for the current fiscal year.

Continental Company Profile

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.