Continental AG (OTCMKTS:CTTAY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $9.12 and last traded at $9.12, with a volume of 675 shares changing hands. The stock had previously closed at $8.97.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on CTTAY shares. Hsbc Global Res upgraded shares of Continental to a "hold" rating in a research report on Wednesday, April 2nd. Citigroup reiterated a "buy" rating on shares of Continental in a report on Wednesday, April 2nd. Finally, Jefferies Financial Group downgraded shares of Continental from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd.
Check Out Our Latest Stock Report on Continental
Continental Price Performance
The firm has a market cap of $18.38 billion, a PE ratio of 13.13, a PEG ratio of 0.73 and a beta of 1.37. The firm has a fifty day simple moving average of $8.56 and a two-hundred day simple moving average of $7.59. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.47 and a current ratio of 1.68.
Continental (OTCMKTS:CTTAY - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. Continental had a net margin of 3.71% and a return on equity of 9.84%. The company had revenue of $11.02 billion during the quarter, compared to the consensus estimate of $10.78 billion. Equities analysts predict that Continental AG will post 0.66 EPS for the current fiscal year.
Continental Increases Dividend
The company also recently announced a dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 30th were issued a dividend of $0.1978 per share. This represents a yield of 2.61%. The ex-dividend date was Tuesday, April 29th. This is an increase from Continental's previous dividend of $0.16. Continental's dividend payout ratio (DPR) is currently 27.14%.
About Continental
(
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.
Featured Articles
Before you consider Continental, 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 wasn't on the list.
While Continental currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.