Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) have earned a consensus rating of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company.

A number of equities analysts have issued reports on DTRUY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a research note on Thursday, July 23rd. Morgan Stanley downgraded Daimler Truck from an “overweight” rating to an “equal weight” rating in a report on Friday, September 4th. Zacks Research lowered Daimler Truck from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 13th. Royal Bank Of Canada reissued an “outperform” rating on shares of Daimler Truck in a research report on Thursday, August 13th. Finally, Barclays upgraded Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th.

Daimler Truck Stock Performance

DTRUY opened at $24.26 on Friday. Daimler Truck has a 1-year low of $19.43 and a 1-year high of $28.73. The company has a market cap of $37.15 billion and a price-to-earnings ratio of 48.52. The company’s fifty day moving average price is $26.27 and its two-hundred day moving average price is $25.01. The company has a current ratio of 1.70, a quick ratio of 1.33 and a debt-to-equity ratio of 0.82.

Daimler Truck (OTCMKTS:DTRUY) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39). The business had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.29 billion. Daimler Truck had a net margin of 5.87% and a return on equity of 4.79%. On average, analysts expect that Daimler Truck will post 1.97 EPS for the current fiscal year.

About Daimler Truck

Daimler Truck Holding AG is a global commercial-vehicle manufacturer headquartered in Leinfelden-Echterdingen, Germany. The company develops, manufactures and sells trucks, buses and coaches for long-haul transportation, construction, distribution, municipal and other commercial applications.

Its principal brands include Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck offers vehicles powered by conventional and alternative drivetrains, including battery-electric and hydrogen-based technologies, along with digital fleet-management, connectivity and other transportation solutions.

The company serves customers across Europe, North America, Latin America and Asia, as well as other international markets.