Daimler Truck (OTCMKTS:DTRUY) Posts Earnings Results, Misses Estimates By $0.06 EPS

Daimler Truck (OTCMKTS:DTRUY) issued its quarterly earnings results on Friday. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.06), Zacks reports. Daimler Truck had a return on equity of 4.79% and a net margin of 5.87%.

Daimler Truck Stock Performance

Shares of OTCMKTS:DTRUY traded down $0.83 during trading on Friday, hitting $22.34. 87,666 shares of the company were exchanged, compared to its average volume of 61,188. The company has a market cap of $34.21 billion, a PE ratio of 44.69 and a beta of 0.12. The stock has a 50 day moving average of $24.08 and a 200 day moving average of $24.71. Daimler Truck has a 52-week low of $19.66 and a 52-week high of $28.73. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.70 and a quick ratio of 1.33.

Analyst Ratings Changes

Several analysts have issued reports on the company. Citigroup restated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, August 12th. Zacks Research upgraded Daimler Truck from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 29th. Kepler Capital Markets raised Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. Royal Bank Of Canada restated an “outperform” rating on shares of Daimler Truck in a research note on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Daimler Truck in a report on Thursday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Daimler Truck presently has a consensus rating of “Buy”.

Daimler Truck Company Profile

Daimler Truck Holding AG is a global commercial vehicle manufacturer headquartered in Leinfelden-Echterdingen, Germany. The company develops, manufactures and sells medium- and heavy-duty trucks, buses and coaches, along with related parts, maintenance, leasing and financing services.

Its portfolio includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck also develops electric and other alternative-drive commercial vehicles, digital fleet-management solutions and charging-related services to support the transition toward lower-emission transportation.

The company serves customers across Europe, North America, Latin America and Asia, with manufacturing, sales and service operations in multiple international markets.