Mercedes-Benz Group (OTCMKTS:MBGYY) Posts Earnings Results

Mercedes-Benz Group (OTCMKTS:MBGYY) issued its quarterly earnings data on Thursday. The company reported C$0.69 EPS for the quarter, Zacks reports. Mercedes-Benz Group had a net margin of 7.36% and a return on equity of 11.66%.

Mercedes-Benz Group Price Performance

MBGYY stock opened at C$15.59 on Friday. The company has a fifty day moving average price of C$14.51 and a 200-day moving average price of C$15.07. The company has a market capitalization of C$60.03 billion, a P/E ratio of 5.51 and a beta of 1.22. Mercedes-Benz Group has a 52-week low of C$13.36 and a 52-week high of C$20.81. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.98 and a current ratio of 1.36.

Analysts Set New Price Targets

Several equities analysts recently commented on MBGYY shares. Sanford C. Bernstein downgraded shares of Mercedes-Benz Group from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 16th. Barclays downgraded shares of Mercedes-Benz Group from an “equal weight” rating to an “underweight” rating in a research note on Monday, December 2nd. The Goldman Sachs Group downgraded shares of Mercedes-Benz Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 14th. UBS Group downgraded shares of Mercedes-Benz Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 3rd. Finally, Berenberg Bank downgraded shares of Mercedes-Benz Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.