Mercedes-Benz Group (OTCMKTS:MBGYY) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research cut shares of Mercedes-Benz Group (OTCMKTS:MBGYY) from a hold rating to a strong sell rating in a report issued on Tuesday,Zacks.com reports.

Separately, Jefferies Financial Group raised Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. Four equities research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Mercedes-Benz Group currently has a consensus rating of “Buy”.

Mercedes-Benz Group Price Performance

Shares of OTCMKTS:MBGYY opened at C$13.38 on Tuesday. Mercedes-Benz Group has a one year low of C$12.22 and a one year high of C$18.16. The stock has a fifty day moving average of C$13.38 and a 200-day moving average of C$15.07. The company has a market capitalization of C$51.53 billion, a PE ratio of 8.63 and a beta of 0.81. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.06 and a current ratio of 1.38.

Mercedes-Benz Group (OTCMKTS:MBGYY) last released its quarterly earnings data on Tuesday, July 28th. The company reported C$0.33 earnings per share for the quarter. The business had revenue of C$37.27 billion during the quarter. Mercedes-Benz Group had a return on equity of 5.46% and a net margin of 3.89%. As a group, equities analysts anticipate that Mercedes-Benz Group will post 1.43 EPS for the current fiscal year.

About Mercedes-Benz Group

Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.