ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Given Consensus Rating of “Hold” by Analysts

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has received a consensus recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

TKAMY has been the subject of a number of recent research reports. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a report on Friday, December 5th. Barclays restated an “underweight” rating on shares of ThyssenKrupp in a report on Monday, February 23rd. Morgan Stanley reiterated an “underweight” rating on shares of ThyssenKrupp in a research note on Tuesday, January 6th. Zacks Research cut shares of ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 24th. Finally, Jefferies Financial Group upgraded shares of ThyssenKrupp from a “hold” rating to a “buy” rating in a research note on Friday, February 20th.

ThyssenKrupp Stock Down 0.4%

Shares of OTCMKTS TKAMY opened at $8.90 on Tuesday. ThyssenKrupp has a 12-month low of $8.46 and a 12-month high of $17.02. The stock’s fifty day simple moving average is $12.28 and its two-hundred day simple moving average is $12.54. The stock has a market capitalization of $5.54 billion, a PE ratio of 8.24 and a beta of 1.00. The company has a current ratio of 1.72, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05.

ThyssenKrupp (OTCMKTS:TKAMY) last released its quarterly earnings results on Thursday, February 12th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.27). ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%.The company had revenue of $8.52 billion during the quarter, compared to the consensus estimate of $9.42 billion.

ThyssenKrupp Company Profile

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.