Traton (TRATF) Expected to Announce Earnings on Thursday

Traton (OTCMKTS:TRATF) is expected to be issuing its resultson Thursday, July 23rd. Analysts expect the company to announce earnings of $1.37 per share and revenue of $13.2192 billion for the quarter.

Traton Stock Performance

OTCMKTS:TRATF opened at $40.06 on Thursday. The company’s 50-day moving average is $38.76 and its two-hundred day moving average is $38.00. Traton has a 12-month low of $30.34 and a 12-month high of $43.16.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “neutral” rating on shares of Traton in a report on Friday, April 24th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Traton presently has a consensus 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.