Continental AG (OTCMKTS:CTTAY) – Equities research analysts at Jefferies Financial Group issued their FY2019 EPS estimates for shares of Continental in a research report issued to clients and investors on Monday, June 3rd, Zacks Investment Research reports. Jefferies Financial Group analyst A. Kurian expects that the company will post earnings of $1.44 per share for the year. Jefferies Financial Group also issued estimates for Continental’s FY2020 earnings at $1.63 EPS.
A number of other equities research analysts have also recently commented on the company. Zacks Investment Research cut Continental from a “hold” rating to a “sell” rating in a research note on Tuesday, March 26th. DZ Bank reaffirmed a “neutral” rating on shares of Continental in a research note on Wednesday, April 3rd. Royal Bank of Canada began coverage on Continental in a research note on Monday, June 3rd. They set a “sector perform” rating for the company. JPMorgan Chase & Co. cut Continental from a “neutral” rating to an “underweight” rating in a research note on Sunday. Finally, Kepler Capital Markets reaffirmed a “neutral” rating on shares of Continental in a research note on Wednesday. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.
Shares of CTTAY stock traded up $0.13 on Wednesday, reaching $14.73. 134,860 shares of the stock were exchanged, compared to its average volume of 94,596. The company has a market cap of $27.94 billion, a P/E ratio of 7.96, a PEG ratio of 9.66 and a beta of 1.27. Continental has a one year low of $13.30 and a one year high of $24.60. The company has a quick ratio of 0.78, a current ratio of 1.08 and a debt-to-equity ratio of 0.08.
About Continental
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments. The Chassis & Safety segment develops, produces, and markets intelligent systems to enhance driving safety and vehicle dynamics.