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

Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) have earned an average recommendation of “Moderate Buy” from the nine brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company.

DTRUY has been the topic of several analyst reports. Barclays raised shares of Daimler Truck from a “hold” rating to an “overweight” rating in a report on Tuesday, July 7th. Zacks Research cut shares of Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 13th. Citigroup restated a “buy” rating on shares of Daimler Truck in a research report on Wednesday, August 12th. Kepler Capital Markets raised shares of Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. Finally, Morgan Stanley downgraded shares of Daimler Truck from an “overweight” rating to an “equal weight” rating in a report on Friday, September 4th.

Daimler Truck Stock Performance

OTCMKTS:DTRUY opened at $23.84 on Friday. The stock has a 50-day simple moving average of $26.27 and a two-hundred day simple moving average of $25.01. Daimler Truck has a 52-week low of $19.43 and a 52-week high of $28.73. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.33 and a current ratio of 1.70. The firm has a market capitalization of $36.50 billion and a PE ratio of 47.68.

Daimler Truck (OTCMKTS:DTRUY) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.39). The company had revenue of $14.20 billion during the quarter, compared to the consensus estimate of $14.29 billion. Daimler Truck had a return on equity of 4.79% and a net margin of 5.87%. Analysts forecast that Daimler Truck will post 1.97 EPS for the current year.

Daimler Truck Company Profile

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.