Daimler AG (DDAIF) Receives Consensus Rating of “Hold” from Analysts

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Shares of Daimler AG (OTCMKTS:DDAIF) have received an average recommendation of “Hold” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company.

Several research analysts have issued reports on DDAIF shares. Zacks Investment Research raised shares of Daimler from a “sell” rating to a “hold” rating in a report on Monday, September 24th. Jefferies Financial Group raised shares of Daimler from an “underperform” rating to a “hold” rating in a report on Thursday, July 5th. ValuEngine raised shares of Daimler from a “strong sell” rating to a “sell” rating in a report on Monday, July 30th. BNP Paribas raised shares of Daimler from an “underperform” rating to a “neutral” rating in a report on Thursday, October 4th. Finally, UBS Group cut shares of Daimler from a “buy” rating to a “neutral” rating in a report on Monday, October 15th.

OTCMKTS DDAIF traded down $0.81 during trading hours on Monday, reaching $59.13. 89,197 shares of the company’s stock traded hands, compared to its average volume of 58,665. Daimler has a 52-week low of $57.55 and a 52-week high of $94.41. The stock has a market cap of $64.12 billion, a P/E ratio of 5.32, a price-to-earnings-growth ratio of 2.17 and a beta of 1.53. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.25 and a quick ratio of 0.93.

Daimler (OTCMKTS:DDAIF) last issued its quarterly earnings results on Thursday, July 26th. The company reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.88 by $0.04. The company had revenue of $48.63 billion during the quarter, compared to analysts’ expectations of $48.30 billion. Daimler had a net margin of 5.68% and a return on equity of 17.47%. Research analysts expect that Daimler will post 9.8 earnings per share for the current fiscal year.

Daimler Company Profile

Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services segments. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.

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