Daimler Truck Holding AG – Sponsored ADR (DTRUY) – What Are Analysts Thinking About This Stock?

Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) have earned an average rating of “Buy” from the nine brokerages that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company.

DTRUY has been the subject of a number of research analyst reports. Royal Bank Of Canada restated an “outperform” rating on shares of Daimler Truck in a research note on Thursday, August 13th. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, August 12th. Zacks Research raised shares of Daimler Truck from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research report on Thursday, July 23rd. Finally, Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st.

Daimler Truck Stock Up 0.2%

DTRUY opened at $22.34 on Monday. The firm has a 50 day moving average price of $23.98 and a 200 day moving average price of $24.71. The company has a market cap of $34.21 billion, a PE ratio of 44.69 and a beta of 0.12. Daimler Truck has a 1 year low of $19.66 and a 1 year 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.

Daimler Truck (OTCMKTS:DTRUY) last posted its quarterly earnings results on Friday, November 6th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.06). The business had revenue of $14.47 billion during the quarter, compared to analysts’ expectations of $14.09 billion. Daimler Truck had a net margin of 6.17% and a return on equity of 6.04%. Sell-side analysts expect that Daimler Truck will post 2.00 earnings per share for the current year.

About Daimler Truck

Daimler Truck Holding AG is a global manufacturer of commercial vehicles, including heavy- and medium-duty trucks and buses. Its brands include Mercedes-Benz Trucks, Freightliner, Western Star, BharatBenz, FUSO, Setra and Thomas Built Buses. The company also provides parts, maintenance, digital and connected-vehicle services, and financing solutions.

Headquartered in Leinfelden-Echterdingen, Germany, Daimler Truck serves customers across Europe, North America, Latin America and Asia. Its business includes vehicles and services for a range of commercial uses, from freight transport to passenger transit.

The company became an independent, publicly listed business in December 2021, following the separation of Daimler AG’s truck and bus operations.