How have MGDDY shares performed in 2024?

Compagnie Générale des Établissements Michelin Société en commandite par actions' stock was trading at $17.96 at the beginning of the year. Since then, MGDDY shares have increased by 2.3% and is now trading at $18.38. View the best growth stocks for 2024 here .

OTCMKTS:MGDDY

Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Stock Price, News & Analysis

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$18.28

-0.10 (-0.54%)

(As of 04/17/2024 ET)

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Today's Range: $18.23
▼
$18.47
50-Day Range: $16.60
▼
$19.75
52-Week Range: $14.03
▼
$19.75

Volume: 199,808 shs
Average Volume: 147,632 shs
Market Capitalization: $26.14 billion

P/E Ratio: N/A
Dividend Yield: 2.84%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Financials Headlines Insider Trades SEC Filings Short Interest

Get Compagnie Générale des Établissements Michelin Société en commandite par actions alerts:

Compagnie Générale des Établissements Michelin Société en commandite par actions MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 2.79%
From $1.79 to $1.84 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.58 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Compagnie Générale des Établissements Michelin Société en commandite par actions.

5.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Compagnie Générale des Établissements Michelin Société en commandite par actions have been sold short.
Short Interest Ratio / Days to Cover
Compagnie Générale des Établissements Michelin Société en commandite par actions has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Compagnie Générale des Établissements Michelin Société en commandite par actions has recently decreased by 12.54%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Compagnie Générale des Établissements Michelin Société en commandite par actions pays a meaningful dividend of 2.79%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Compagnie Générale des Établissements Michelin Société en commandite par actions does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Compagnie Générale des Établissements Michelin Société en commandite par actions will have a dividend payout ratio of 28.26% next year. This indicates that Compagnie Générale des Établissements Michelin Société en commandite par actions will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MGDDY.

1.1

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Compagnie Générale des Établissements Michelin Société en commandite par actions this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for MGDDY on MarketBeat in the last 30 days.
MarketBeat Follows
4 people have added Compagnie Générale des Établissements Michelin Société en commandite par actions to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Compagnie Générale des Établissements Michelin Société en commandite par actions insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 3.27% of the stock of Compagnie Générale des Établissements Michelin Société en commandite par actions is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Compagnie Générale des Établissements Michelin Société en commandite par actions are expected to grow by 2.79% in the coming year, from $1.79 to $1.84 per share.
Price to Earnings Growth Ratio
Compagnie Générale des Établissements Michelin Société en commandite par actions has a PEG Ratio of 2.26. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Compagnie Générale des Établissements Michelin Société en commandite par actions has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Compagnie Générale des Établissements Michelin Société en commandite par actions Stock (OTCMKTS:MGDDY)

Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses. The company was founded by Aristide Barbier and Édouard Daubrée on July 15, 1863 and is headquartered in Clermont-Ferrand, France.

MGDDY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MGDDY Stock News Headlines

April 12, 2024 | globenewswire.com

Correction: Michelin : Disclosure of trading in own shares - April 10th 2024

April 10, 2024 | globenewswire.com

Michelin : Disclosure of trading in own shares - April 10th 2024

April 17, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 4, 2024 | finance.yahoo.com

Are Auto-Tires-Trucks Stocks Lagging Dorman Products (DORM) This Year?

April 3, 2024 | globenewswire.com

Michelin : Disclosure of trading in own shares - April 3rd 2024

March 27, 2024 | globenewswire.com

Michelin : Disclosure of trading in own shares - March 27st 2024

March 21, 2024 | globenewswire.com

Michelin : Disclosure of trading in own shares - March 21st 2024

March 12, 2024 | globenewswire.com

Michelin : Disclosure of trading in own shares - March 13th 2024

April 17, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

February 13, 2024 | investing.com

Compagnie Generale des Etablissements Michelin SCA (MICP)

February 10, 2024 | cnn.com

Michelin Guide history: How did a tire company become an elite restaurant rating guide?

October 31, 2023 | finance.yahoo.com

Michelin to Wind Down Okla. Tire Production, Cut 1,400 Jobs

October 26, 2023 | finance.yahoo.com

Michelin is planning to wind down the tire production activities of its Ardmore industrial site in the United States

October 24, 2023 | finance.yahoo.com

Michelin: Nine-month sales up 2% to €21.2 billion despite soft volumes and a forex headwind, supported by mix enhancement, non-tire activities and brand leadership.

October 24, 2023 | finance.yahoo.com

UPDATE 1-Michelin raises free cash flow outlook despite U.S. auto strikes

October 10, 2023 | finance.yahoo.com

Green scene: Vancouver’s best vegan and vegetarian restaurants

September 15, 2023 | finance.yahoo.com

Here's Why Michelin (MGDDY) is a Great Momentum Stock to Buy

September 14, 2023 | finance.yahoo.com

Merkato, London: ‘The Michelin crowd could learn a lot’ – restaurant review

August 29, 2023 | finance.yahoo.com

The best sakes to buy in 2023

July 13, 2023 | finance.yahoo.com

Michelin : Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital

July 9, 2023 | ca.finance.yahoo.com

European firms look for footing in China-U.S. spat, French execs say

June 30, 2023 | fool.com

Hermès International Société En Commandite Par Actions (OTC: HESA.F)

May 24, 2023 | finance.yahoo.com

ML.PA - Compagnie Générale des Établissements Michelin Société en commandite par actions

April 21, 2023 | msn.com

DAY BY DAY Maintains Cie Generale des Etablissements Michelin SCA (EPA:ML) Buy Recommendation

March 5, 2023 | fool.com

Compagnie Générale Des Établissements Michelin Société En Commandite Par Actions (OTC: MGDDY)

February 10, 2023 | finance.yahoo.com

ESG Stock Watch: Europe’s Auto Firms Seek US Subsidies Amid Green Economy Fight

January 25, 2023 | finance.yahoo.com

All You Need to Know About Michelin (MGDDY) Rating Upgrade to Strong Buy

See More Headlines

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Company Calendar

Today: 4/17/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Auto/Tires/Trucks
Industry: Private households
Sub-Industry: N/A
Current Symbol: OTCMKTS:MGDDY
Previous Symbol: NASDAQ:MGDDY
CUSIP: N/A
CIK: 896076
Web: www.michelin.com
Phone: (347) 332-2000
Fax: N/A
Employees: 132,200
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 10.27
P/E Growth: 2.26
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $30.67 billion
Price / Sales: 0.86
Cash Flow: $2.85 per share
Price / Cash Flow: 6.45
Book Value: $12.63 per share
Price / Book: 1.46

Miscellaneous

Outstanding Shares: 1,429,920,000
Free Float: N/A
Market Cap: $26.28 billion
Optionable: Not Optionable
Beta: 1.13

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Key Executives

Yves Chapot
Chief Financial Officer & General Manager
Eric Philippe Vinesse
Executive Vice President-Research & Development
Jean-Claude Pats
Chief Human Resources Officer & Executive VP
Florent Menegaux
Managing Chairman & General Partner
Serge Lafon
Executive Vice President-Specialties

Key Competitors

View All Competitors

Should I Buy Compagnie Générale des Établissements Michelin Société en commandite par actions Stock? MGDDY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Compagnie Générale des Établissements Michelin Soc:

The stock recently reached a new 1-year high at $19.27, indicating positive momentum and potential for growth.
Compagnie Générale des Établissements Michelin Soc operates in the tire manufacturing industry, which is essential for various sectors like automotive and transportation, providing a stable demand for its products.
The company offers a range of products and services beyond just tires, including mobility services and engineering solutions, diversifying its revenue streams.
Recent analyst upgrades from firms like JPMorgan Chase & Co. may indicate positive future outlook and market sentiment towards the company.
With a low debt-to-equity ratio of 0.04, the company has a strong financial position that can support future growth and investment.

Cons

Investors should be bearish about investing in Compagnie Générale des Établissements Michelin Soc for these reasons:

Despite recent highs, the stock price can be volatile, which may pose risks for short-term investors.
The industry competition in the tire manufacturing sector is intense, leading to pricing pressures and potential margin squeezes for the company.
Global economic uncertainties or disruptions in supply chains could impact the company's operations and financial performance.
Changes in consumer preferences towards alternative mobility solutions could affect the demand for traditional tires and related products.
Market conditions and regulatory changes can influence the company's profitability and market position, requiring constant monitoring and adaptation.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Compagnie Générale des Établissements Michelin Société en commandite par actions pros and cons to contact@marketbeat.com.

MGDDY Stock Analysis - Frequently Asked Questions

Should I buy or sell Compagnie Générale des Établissements Michelin Société en commandite par actions stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Compagnie Générale des Établissements Michelin Société en commandite par actions in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" MGDDY shares.
View MGDDY analyst ratings or view top-rated stocks.
How have MGDDY shares performed in 2024?: Compagnie Générale des Établissements Michelin Société en commandite par actions' stock was trading at $17.96 at the beginning of the year. Since then, MGDDY shares have increased by 2.3% and is now trading at $18.38.
View the best growth stocks for 2024 here.
Is Compagnie Générale des Établissements Michelin Société en commandite par actions a good dividend stock?: Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) pays an annual dividend of $0.52 per share and currently has a dividend yield of 2.79%.
Read our dividend analysis for MGDDY.
How do I buy shares of Compagnie Générale des Établissements Michelin Société en commandite par actions?: Shares of MGDDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:MGDDY) was last updated on 4/17/2024 by MarketBeat.com Staff

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