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

Key Points

• Continental AG has received a consensus recommendation of “Moderate Buy” from six brokerages, with three analysts rating it hold, two rating it buy, and one issuing a strong buy.
• The company reported a quarterly earnings per share of $0.28, surpassing estimates, but its revenue was slightly below expectations at $11.09 billion.
• Continental’s stock recently opened at $6.73, having a market capitalization of $13.46 billion and displaying a PE ratio of 7.74.

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

Several research firms have weighed in on CTTAY. Oddo Bhf upgraded Continental to a "neutral" rating in a research report on Monday, September 1st. Barclays reiterated an "overweight" rating on shares of Continental in a research report on Monday, September 8th.

Continental Stock Up 1.1%

CTTAY opened at $6.73 on Friday. Continental has a 1-year low of $5.84 and a 1-year high of $9.19. The stock's fifty day simple moving average is $8.56 and its 200 day simple moving average is $8.25. The company has a current ratio of 1.18, a quick ratio of 1.03 and a debt-to-equity ratio of 1.14. The stock has a market cap of $13.46 billion, a PE ratio of 7.74, a price-to-earnings-growth ratio of 0.76 and a beta of 1.37.

Continental (OTCMKTS:CTTAY - Get Free Report) last posted 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. The firm had revenue of $11.09 billion for the quarter, compared to analysts' expectations of $11.10 billion. Continental had a return on equity of 13.20% and a net margin of 4.54%. As a group, research analysts expect that Continental will post 0.66 earnings per share for the current 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.

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