Continental AG (OTCMKTS:CTTAY) Stock Rated “Moderate Buy” by Sell-Side Analysts

Continental AG (OTCMKTS:CTTAY) has been given an average rating of “Moderate Buy” by the nine research firms that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

A number of research analysts have weighed in on CTTAY shares. Sanford C. Bernstein raised shares of Continental from a “market perform” rating to an “outperform” rating in a research note on Thursday. Oddo Bhf raised shares of Continental from a “neutral” rating to an “outperform” rating in a research note on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Continental in a research note on Thursday, July 2nd. Finally, Kepler Capital Markets cut Continental from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th.

Continental Stock Down 0.8%

Shares of Continental stock opened at $7.73 on Thursday. The company has a market capitalization of $15.46 billion, a P/E ratio of -25.77, a price-to-earnings-growth ratio of 1.06 and a beta of 1.35. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.38 and a quick ratio of 1.06. The business has a 50-day moving average of $7.96 and a two-hundred day moving average of $7.95. Continental has a 1 year low of $6.21 and a 1 year high of $8.97.

Continental (OTCMKTS:CTTAY) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.02). Continental had a negative net margin of 1.36% and a negative return on equity of 10.86%. The business had revenue of $5.09 billion for the quarter, compared to the consensus estimate of $5.03 billion. As a group, equities analysts predict that Continental will post 0.67 EPS for the current year.

Continental Company Profile

Continental AG is a Germany-based technology and automotive supplier headquartered in Hanover. Founded in 1871 as a rubber manufacturer, the company has developed into a global provider of products and systems for vehicles, transportation, and industrial applications.

Its business activities include the development and production of passenger-car, commercial-vehicle, and specialty tires, as well as automotive technologies such as braking systems, vehicle safety systems, sensors, electronics, connectivity solutions, and software.