Traton (TRATF) Expected to Announce Earnings on Wednesday

Traton (OTCMKTS:TRATF) is expected to release its resultson Wednesday, April 29th. Analysts expect Traton to post earnings of $1.02 per share and revenue of $11.9092 billion for the quarter.

Traton Price Performance

TRATF stock opened at $36.70 on Monday. Traton has a fifty-two week low of $30.34 and a fifty-two week high of $43.16. The business’s 50-day moving average is $37.83 and its two-hundred day moving average is $35.42.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TRATF. Morgan Stanley downgraded Traton to an “underweight” rating in a report on Tuesday, January 13th. Citigroup reaffirmed a “neutral” rating on shares of Traton in a research note on Friday. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Traton in a research note on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Traton in a research note on Thursday, February 19th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus 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.