Jefferies Financial Group Comments on thyssenkrupp AG’s FY2022 Earnings (OTCMKTS:TKAMY)

thyssenkrupp AG (OTCMKTS:TKAMY – Get Rating) – Stock analysts at Jefferies Financial Group decreased their FY2022 earnings per share (EPS) estimates for shares of thyssenkrupp in a report released on Thursday, April 21st. Jefferies Financial Group analyst A. Spence now anticipates that the company will post earnings of $1.97 per share for the year, down from their previous estimate of $2.11. Jefferies Financial Group also issued estimates for thyssenkrupp’s FY2023 earnings at $2.25 EPS.

thyssenkrupp (OTCMKTS:TKAMY – Get Rating) last posted its quarterly earnings data on Thursday, February 10th. The company reported $0.19 EPS for the quarter. thyssenkrupp had a net margin of 0.37% and a return on equity of 1.23%. The business had revenue of $10.32 billion for the quarter, compared to analyst estimates of $10.94 billion.

A number of other research firms have also commented on TKAMY. Morgan Stanley lowered their price objective on shares of thyssenkrupp from €9.70 ($10.43) to €8.60 ($9.25) in a research note on Monday, April 11th. Zacks Investment Research lowered shares of thyssenkrupp from a “buy” rating to a “hold” rating in a research note on Wednesday, April 13th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of thyssenkrupp from €18.00 ($19.35) to €17.00 ($18.28) in a research report on Thursday, March 17th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $12.53.

OTCMKTS TKAMY opened at $7.85 on Monday. thyssenkrupp has a 12 month low of $7.30 and a 12 month high of $14.25. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.09 and a quick ratio of 1.40. The firm has a market capitalization of $4.89 billion, a PE ratio of 32.71 and a beta of 1.90. The company’s 50 day simple moving average is $9.02 and its 200 day simple moving average is $10.14.

thyssenkrupp Company Profile (Get Rating)

thyssenkrupp AG operates in the areas of automotive technology, industrial components, marine systems, steel, and materials services in Germany, the United States, China, and internationally. The company's Automotive Technology segment develops and manufactures components and systems, as well as automation solutions for the automotive industry.

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