Continental AG (OTCMKTS:CTTAY) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Continental AG (OTCMKTS:CTTAY) have been given an average recommendation of “Moderate Buy” by the nine ratings firms that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

Several research firms recently commented on CTTAY. Oddo Bhf raised Continental from a “neutral” rating to an “outperform” rating in a research note on Thursday, September 3rd. Kepler Capital Markets cut shares of Continental from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Continental in a research note on Thursday, July 2nd. Finally, Sanford C. Bernstein raised shares of Continental from a “market perform” rating to an “outperform” rating in a report on Thursday, October 8th.

Continental Price Performance

Shares of Continental stock opened at $7.82 on Thursday. The business has a 50 day simple moving average of $7.95 and a two-hundred day simple moving average of $7.97. Continental has a 12 month low of $6.21 and a 12 month high of $8.97. The stock has a market capitalization of $15.64 billion, a P/E ratio of -26.07, a PEG ratio of 1.07 and a beta of 1.35. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.38 and a quick ratio of 1.06.

Continental (OTCMKTS:CTTAY) last released its earnings results on Tuesday, August 4th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.02). The firm had revenue of $5.09 billion during the quarter, compared to analysts’ expectations of $5.03 billion. Continental had a negative net margin of 1.36% and a negative return on equity of 10.86%. As a group, analysts predict that Continental will post 0.67 EPS for the current fiscal year.

Continental Company Profile

Continental AG is a Germany-based technology and automotive supplier headquartered in Hanover. Founded in 1871 as a rubber manufacturer, the company has developed into a global provider of products and systems for vehicles, transportation, and industrial applications.

Its business activities include the development and production of passenger-car, commercial-vehicle, and specialty tires, as well as automotive technologies such as braking systems, vehicle safety systems, sensors, electronics, connectivity solutions, and software.