thyssenkrupp AG (OTCMKTS:TKAMY) - Equities research analysts at Jefferies Financial Group raised their FY2022 earnings per share estimates for shares of thyssenkrupp in a research report issued on Thursday, February 10th. Jefferies Financial Group analyst A. Spence now anticipates that the company will earn $2.11 per share for the year, up from their previous estimate of $2.07.
Jefferies Financial Group also issued estimates for thyssenkrupp's FY2023 earnings at $2.39 EPS. thyssenkrupp (OTCMKTS:TKAMY) last issued its quarterly earnings data on Thursday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $10.32 billion during the quarter, compared to analysts' expectations of $10.94 billion. thyssenkrupp had a negative net margin of 0.34% and a negative return on equity of 0.53%.
Other research analysts have also issued research reports about the stock. Zacks Investment Research raised shares of thyssenkrupp from a "sell" rating to a "strong-buy" rating and set a $12.00 price target for the company in a research report on Tuesday, February 8th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of thyssenkrupp in a research note on Monday, November 22nd. Credit Suisse Group restated an "outperform" rating on shares of thyssenkrupp in a report on Wednesday, December 1st. Finally, Morgan Stanley cut their price objective on shares of thyssenkrupp from €11.20 ($12.87) to €11.00 ($12.64) in a report on Tuesday, January 18th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $11.50.
Shares of TKAMY opened at $10.02 on Monday. The company has a 50-day simple moving average of $10.86 and a 200-day simple moving average of $10.63. The firm has a market capitalization of $6.24 billion, a P/E ratio of -43.56 and a beta of 2.02. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.43 and a current ratio of 1.96. thyssenkrupp has a 52 week low of $8.96 and a 52 week high of $14.38.
thyssenkrupp Company Profile
ThyssenKrupp AG is an international group of companies comprising largely independent industrial and technology businesses. It operates through the following segments: Components Technology, Elevator Technology, Industrial Solutions, Marine Systems, Materials Services, Steel Europe, and Corporate. The Components Technology segment offers components for the automotive, construction, and engineering sectors, as well as for the wind turbines.
