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

Shares of Continental AG (OTCMKTS:CTTAY) have received a consensus rating of “Moderate Buy” from the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.

Several brokerages have weighed in on CTTAY. Sanford C. Bernstein upgraded shares of Continental from a “market perform” rating to an “outperform” rating in a research note on Thursday, October 8th. Oddo Bhf raised Continental from a “neutral” rating to an “outperform” rating in a research report on Thursday, September 3rd.

Continental Stock Performance

CTTAY stock opened at $7.85 on Monday. Continental has a one year low of $6.61 and a one year high of $8.97. The firm has a market cap of $15.70 billion, a price-to-earnings ratio of -26.17, a PEG ratio of 1.29 and a beta of 1.36. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.06 and a current ratio of 1.38. The firm has a 50-day simple moving average of $7.86 and a two-hundred day simple moving average of $7.93.

Continental (OTCMKTS:CTTAY) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. The firm had revenue of $3.88 billion for the quarter, compared to the consensus estimate of $3.96 billion. Continental had a net margin of 5.35% and a return on equity of 18.14%. On average, equities analysts forecast that Continental will post 0.68 EPS for the current fiscal year.

About Continental

Continental AG is a German manufacturing company founded in 1871 and headquartered in Hanover. It develops and produces tires and technology products for mobility and industrial applications, serving vehicle manufacturers, businesses and consumers around the world.

Its tire business supplies products for passenger cars, commercial vehicles and specialty applications, including tires sold under the Continental and General Tire brands. Through ContiTech, the company also makes materials and components such as hoses, conveyor belts and air springs for transportation and industrial customers.

Continental has historically operated a broad automotive technology business as well.