ThyssenKrupp (TKAMY) to Release Earnings on Thursday

ThyssenKrupp (OTCMKTS:TKAMY) is projected to post its results before the market opens on Thursday, February 12th. Analysts expect ThyssenKrupp to post earnings of $0.20 per share for the quarter.

ThyssenKrupp (OTCMKTS:TKAMY) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $1.20 EPS for the quarter. The company had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.60 billion. ThyssenKrupp had a net margin of 2.80% and a return on equity of 9.15%.

ThyssenKrupp Stock Down 8.3%

OTCMKTS:TKAMY opened at $12.77 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.09 and a current ratio of 1.69. ThyssenKrupp has a fifty-two week low of $4.61 and a fifty-two week high of $17.02. The company has a fifty day moving average of $11.57 and a two-hundred day moving average of $12.38.

Analysts Set New Price Targets

Several research firms recently weighed in on TKAMY. Citigroup restated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, December 5th. Zacks Research upgraded ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Finally, Morgan Stanley restated an “underweight” rating on shares of ThyssenKrupp in a research report on Tuesday, January 6th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

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.