Traton (TRATF) to Release Earnings on Wednesday

Traton (OTCMKTS:TRATF) will likely be posting its results before the market opens on Wednesday, March 4th. Analysts expect Traton to post earnings of $1.11 per share and revenue of $11.4358 billion for the quarter.

Traton Price Performance

Traton stock opened at $42.96 on Friday. The firm’s 50 day simple moving average is $38.25 and its 200-day simple moving average is $35.23. Traton has a fifty-two week low of $28.30 and a fifty-two week high of $43.16.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TRATF. Morgan Stanley lowered shares of Traton to an “underweight” rating in a research note on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Traton in a research report on Thursday, February 19th. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Traton in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Traton Company Profile

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.