Continental Aktiengesellschaft (OTCMKTS:CTTAY) – Stock analysts at Jefferies Financial Group raised their FY2020 earnings estimates for Continental Aktiengesellschaft in a report released on Wednesday, November 18th. Jefferies Financial Group analyst S. Gommel now forecasts that the company will earn $0.73 per share for the year, up from their prior estimate of $0.15. Jefferies Financial Group also issued estimates for Continental Aktiengesellschaft’s FY2021 earnings at $1.25 EPS, FY2022 earnings at $1.73 EPS and FY2023 earnings at $2.06 EPS.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last issued its earnings results on Wednesday, November 11th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.48). Continental Aktiengesellschaft had a negative net margin of 3.92% and a negative return on equity of 9.86%.

Other research analysts have also issued reports about the stock. HSBC upgraded shares of Continental Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Friday, October 16th. UBS Group restated a “neutral” rating on shares of Continental Aktiengesellschaft in a research report on Friday, October 9th. DZ Bank reaffirmed a “buy” rating on shares of Continental Aktiengesellschaft in a research note on Thursday, August 13th. Zacks Investment Research downgraded shares of Continental Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Thursday, November 5th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Continental Aktiengesellschaft in a research note on Thursday, November 12th. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $12.00.

CTTAY opened at $13.03 on Friday. Continental Aktiengesellschaft has a one year low of $5.57 and a one year high of $13.63. The company has a fifty day moving average price of $11.77 and a 200-day moving average price of $10.45. The firm has a market capitalization of $26.06 billion, a P/E ratio of -15.51 and a beta of 1.60. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.20 and a quick ratio of 0.84.

About Continental Aktiengesellschaft

Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company operates through Automotive Technologies, Rubber Technologies, and Powertrain Technologies divisions. The Automotive Technologies division develops components and systems for the autonomous mobility and safety, including advanced driver assistance systems, hydraulic brake systems, passive safety and sensoric products, and vehicle dynamics products.

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