According to Zacks, “ThyssenKrupp AG engages in the production of steel. It operates through the following business areas Components Technology, Elevator Technology, Industrial Solutions, Materials Services, Steel Europe and Steel Americas. Components Technology business area offers components for the automotive, construction and engineering sectors. Elevator Technology business area constructs and modernizes elevators, escalators, moving walks, stair and platform lifts, and passenger boarding bridges. Industrial Solutions business area is an international supplier in special and large-scale plant construction as well as naval shipbuilding. Materials Services business area distributes materials and provides complex technical services for the production and manufacturing sectors. Steel Europe business area involves in the flat carbon steel activities. Steel America business area produces, processes, and markets steel products in North and South America. ThyssenKrupp AG is headquartered in Essen, Germany. “
TKAMY has been the topic of several other reports. Credit Suisse Group reiterated an “outperform” rating on shares of thyssenkrupp in a research report on Friday, August 13th. Morgan Stanley reissued an “equal weight” rating on shares of thyssenkrupp in a report on Monday, August 16th. Finally, Barclays reissued an “underweight” rating on shares of thyssenkrupp in a report on Tuesday. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $12.00.
thyssenkrupp (OTCMKTS:TKAMY) last posted its earnings results on Wednesday, August 11th. The company reported $0.24 EPS for the quarter. The business had revenue of $10.45 billion during the quarter, compared to analyst estimates of $10.89 billion. thyssenkrupp had a negative return on equity of 39.49% and a net margin of 34.16%. On average, research analysts expect that thyssenkrupp will post -0.27 earnings per share for the current fiscal year.
thyssenkrupp Company Profile
ThyssenKrupp AG is an international group of companies comprising largely independent industrial and technology businesses. It operates through the following segments: Components Technology, Elevator Technology, Industrial Solutions, Marine Systems, Materials Services, Steel Europe, and Corporate. The Components Technology segment offers components for the automotive, construction, and engineering sectors, as well as for the wind turbines.
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