ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Given Consensus Recommendation of “Hold” by Brokerages

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has been given an average rating of “Hold” by the seven ratings firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

TKAMY has been the topic of several research reports. Morgan Stanley reaffirmed an “underweight” rating on shares of ThyssenKrupp in a research report on Tuesday, January 6th. Jefferies Financial Group raised ThyssenKrupp from a “hold” rating to a “buy” rating in a research note on Friday, February 20th. Zacks Research downgraded ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 24th. Barclays reaffirmed an “underweight” rating on shares of ThyssenKrupp in a research report on Monday, February 23rd. Finally, Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a research note on Friday, December 5th.

ThyssenKrupp Trading Down 6.0%

ThyssenKrupp stock opened at $8.77 on Tuesday. ThyssenKrupp has a 12 month low of $8.46 and a 12 month high of $17.02. The company has a quick ratio of 1.01, a current ratio of 1.72 and a debt-to-equity ratio of 0.05. The stock has a market cap of $5.46 billion, a P/E ratio of 8.12 and a beta of 1.00. The company’s fifty day simple moving average is $12.07 and its 200-day simple moving average is $12.49.

ThyssenKrupp (OTCMKTS:TKAMY) last announced its quarterly earnings data on Thursday, February 12th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.27). The firm had revenue of $8.52 billion for the quarter, compared to analysts’ expectations of $9.42 billion. ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%.

About ThyssenKrupp

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.