Brokers Issue Forecasts for OTCMKTS:MBGYY FY2027 Earnings

Mercedes-Benz Group AG (OTCMKTS:MBGYY) – Stock analysts at Erste Group Bank lowered their FY2027 earnings per share estimates for shares of Mercedes-Benz Group in a research note issued to investors on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings per share of $1.79 for the year, down from their prior forecast of $1.82. The consensus estimate for Mercedes-Benz Group’s current full-year earnings is $1.35 per share.

Mercedes-Benz Group (OTCMKTS:MBGYY) last announced its quarterly earnings data on Tuesday, July 28th. The company reported C$0.33 earnings per share for the quarter. The firm had revenue of C$37.27 billion during the quarter. Mercedes-Benz Group had a return on equity of 5.41% and a net margin of 3.89%.

MBGYY has been the topic of a number of other research reports. Zacks Research upgraded Mercedes-Benz Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 26th. Jefferies Financial Group raised Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Dbs Bank raised shares of Mercedes-Benz Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, September 30th. Four research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Mercedes-Benz Group presently has an average rating of “Buy”.

Mercedes-Benz Group Stock Performance

OTCMKTS:MBGYY opened at C$11.46 on Tuesday. The stock has a fifty day moving average price of C$12.32 and a 200-day moving average price of C$14.32. The company has a market cap of C$44.14 billion, a price-to-earnings ratio of 7.31 and a beta of 0.88. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.32. Mercedes-Benz Group has a fifty-two week low of C$10.83 and a fifty-two week high of C$18.16.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG is a Germany-based automotive company headquartered in Stuttgart. Formerly known as Daimler AG, the company adopted its current name in February 2022 after reorganizing its business around the Mercedes-Benz brand and related mobility activities.

The company develops, manufactures and sells premium passenger cars and luxury vehicles under the Mercedes-Benz, Mercedes-AMG and Mercedes-Maybach brands. Its product range includes sedans, SUVs, coupes, convertibles and electric vehicles.