Daimler Truck (OTCMKTS:DTRUY – Get Free Report) posted its earnings results on Friday. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.39), Zacks reports. The company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.29 billion.
Daimler Truck Stock Performance
Daimler Truck stock opened at $26.91 on Friday. Daimler Truck has a 52-week low of $19.43 and a 52-week high of $28.73. The firm has a 50 day moving average price of $24.93 and a two-hundred day moving average price of $24.75.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the stock. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Wednesday, July 1st. Kepler Capital Markets raised shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a report on Thursday, July 23rd. Finally, Barclays raised Daimler Truck from a “hold” rating to an “overweight” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.
Daimler Truck Company Profile
Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.
In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.
See Also
- Five stocks we like better than Daimler Truck
- Why These 3 Equal Weight ETFs Have Outperformed the S&P This Year
- MarketBeat Week in Review – 08/03 – 08/07
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
Receive News & Ratings for Daimler Truck Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler Truck and related companies with MarketBeat.com's FREE daily email newsletter.
