ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Given Average Rating of “Hold” by Analysts

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company.

A number of equities research analysts have weighed in on TKAMY shares. Deutsche Bank Aktiengesellschaft raised ThyssenKrupp from a “buy” rating to a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group raised ThyssenKrupp from a “hold” rating to a “buy” rating in a research report on Friday, February 20th. Zacks Research lowered ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 24th. Finally, Barclays reaffirmed an “underweight” rating on shares of ThyssenKrupp in a research report on Monday, February 23rd.

ThyssenKrupp Trading Down 3.4%

Shares of OTCMKTS TKAMY opened at $11.69 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.72 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of $10.23 and a two-hundred day simple moving average of $11.63. The firm has a market cap of $7.28 billion, a PE ratio of 10.82 and a beta of 1.35. ThyssenKrupp has a twelve month low of $8.16 and a twelve month high of $17.02.

ThyssenKrupp (OTCMKTS:TKAMY) last issued its earnings results on Thursday, February 12th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.27). The firm had revenue of $8.52 billion for the quarter, compared to the consensus estimate of $9.42 billion. ThyssenKrupp had a net margin of 1.83% and a return on equity of 9.08%. Analysts expect that ThyssenKrupp will post 0.33 earnings per share for the current fiscal year.

ThyssenKrupp Company Profile

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.