Traton (TRATF) to Release Earnings on Wednesday

Traton (OTCMKTS:TRATF) is expected to be releasing its results before the market opens on Wednesday, March 4th. Analysts expect Traton to post earnings of $1.11 per share and revenue of $11.4358 billion for the quarter.

Traton Stock Performance

TRATF stock opened at $42.96 on Friday. The firm’s 50-day moving average is $38.25 and its two-hundred day moving average is $35.23. Traton has a 52 week low of $28.30 and a 52 week high of $43.16.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Traton in a report on Thursday, February 19th. Morgan Stanley downgraded Traton to an “underweight” rating in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of Traton in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

About Traton

Traton SE (OTCMKTS: TRATF) is a leading global commercial vehicle manufacturer headquartered in Munich, Germany. As a subsidiary of Volkswagen AG, Traton brings together a portfolio of well-known brands, including MAN, Scania and Navistar, to design, produce and distribute trucks, buses, vans and related powertrain solutions. The company’s product range spans from light- and heavy-duty trucks to urban and intercity buses, complemented by engines for marine and industrial applications.

Established in 2015 under the name Volkswagen Truck & Bus, the business was rebranded as Traton SE in 2018 to reflect its independent corporate identity and strategic focus on mobility solutions.