Erste Group Bank Comments on OTCMKTS:MBGYY FY2027 Earnings

Key Points

• Erste Group Bank lowered its FY2027 EPS estimate for Mercedes-Benz Group to $1.79 from $1.82, though this remains above the current consensus estimate of $1.35.
• Mercedes-Benz reported quarterly EPS of C$0.33 on revenue of C$37.27 billion, with a 3.89% net margin and 5.41% return on equity.
• Analyst sentiment is generally positive: four analysts rate the stock Strong Buy and two rate it Hold, producing an overall MarketBeat rating of Buy.

Mercedes-Benz Group AG (OTCMKTS:MBGYY - Free Report) - Investment analysts at Erste Group Bank reduced their FY2027 EPS estimates for shares of Mercedes-Benz Group in a note issued to investors on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now anticipates that the company will earn $1.79 per share for the year, down from their prior estimate of $1.82. The consensus estimate for Mercedes-Benz Group's current full-year earnings is $1.35 per share.

Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported C$0.33 earnings per share (EPS) for the quarter. Mercedes-Benz Group had a net margin of 3.89% and a return on equity of 5.41%. The firm had revenue of C$37.27 billion during the quarter.

Other analysts have also recently issued reports about the company. Zacks Research raised Mercedes-Benz Group from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 26th. Dbs Bank raised Mercedes-Benz Group from a "moderate sell" rating to a "hold" rating in a report on Wednesday, September 30th. Finally, Jefferies Financial Group upgraded Mercedes-Benz Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, June 29th. Four research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Buy".

Mercedes-Benz Group Price Performance

Mercedes-Benz Group stock opened at C$11.46 on Tuesday. The company has a market capitalization of C$44.14 billion, a price-to-earnings ratio of 7.31 and a beta of 0.88. The company has a current ratio of 1.32, a quick ratio of 1.01 and a debt-to-equity ratio of 0.67. Mercedes-Benz Group has a 12 month low of C$10.83 and a 12 month high of C$18.16. The stock's 50 day moving average is C$12.32 and its 200-day moving average is C$14.32.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG is a Germany-based automotive company headquartered in Stuttgart. Formerly known as Daimler AG, the company adopted its current name in February 2022 after reorganizing its business around the Mercedes-Benz brand and related mobility activities.

The company develops, manufactures and sells premium passenger cars and luxury vehicles under the Mercedes-Benz, Mercedes-AMG and Mercedes-Maybach brands. Its product range includes sedans, SUVs, coupes, convertibles and electric vehicles.

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