Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.04, Zacks reports. Continental Aktiengesellschaft had a net margin of 2.51% and a return on equity of 7.09%.
Continental Aktiengesellschaft Trading Up 0.3 %
Shares of OTCMKTS CTTAY opened at $7.93 on Tuesday. Continental Aktiengesellschaft has a 1-year low of $5.56 and a 1-year high of $7.99. The business has a fifty day moving average price of $7.31 and a 200 day moving average price of $6.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.25 and a quick ratio of 0.81. The stock has a market capitalization of $15.86 billion, a P/E ratio of 14.69, a price-to-earnings-growth ratio of 0.35 and a beta of 1.39.
Continental Aktiengesellschaft Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.1978 per share. This is an increase from Continental Aktiengesellschaft's previous dividend of $0.16. The ex-dividend date is Tuesday, April 29th. This represents a yield of 2.61%. Continental Aktiengesellschaft's dividend payout ratio (DPR) is 30.16%.
Analyst Upgrades and Downgrades
CTTAY has been the subject of a number of research reports. Hsbc Global Res raised shares of Continental Aktiengesellschaft to a "hold" rating in a report on Wednesday, April 2nd. Citigroup reiterated a "buy" rating on shares of Continental Aktiengesellschaft in a research report on Wednesday, April 2nd.
Check Out Our Latest Research Report on CTTAY
About Continental Aktiengesellschaft
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Continental Aktiengesellschaft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Continental Aktiengesellschaft wasn't on the list.
While Continental Aktiengesellschaft currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
