Analysts Set Expectations for Thyssenkrupp Ag’s FY2018 Earnings (TKAMY)

Thyssenkrupp Ag (OTCMKTS:TKAMY) – Jefferies Group raised their FY2018 earnings estimates for shares of Thyssenkrupp in a research note issued on Tuesday. Jefferies Group analyst S. Rosenfeld now expects that the company will post earnings of $2.04 per share for the year, up from their previous forecast of $1.94.

TKAMY has been the topic of a number of other reports. Zacks Investment Research downgraded Thyssenkrupp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 11th. Barclays downgraded Thyssenkrupp from an “equal weight” rating to an “underweight” rating in a report on Tuesday, October 3rd.

Thyssenkrupp (OTCMKTS TKAMY) traded up $0.44 during trading on Thursday, hitting $31.10. The stock had a trading volume of 1,176 shares, compared to its average volume of 1,525. The stock has a market cap of $19,090.00, a P/E ratio of 50.26 and a beta of 2.69. The company has a current ratio of 1.23, a quick ratio of 0.79 and a debt-to-equity ratio of 3.23. Thyssenkrupp has a 52 week low of $23.26 and a 52 week high of $32.01.

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About Thyssenkrupp

thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The company’s Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segment’s products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.

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