CTTAY - Continental Aktiengesellschaft

Other OTC - Other OTC Delayed Price. Currency in USD
13.94
+0.17 (+1.26%)
At close: 3:58PM EDT
Stock chart is not supported by your current browser
Previous Close13.77
Open14.02
Bid0.00 x 0
Ask0.00 x 0
Day's Range13.86 - 14.14
52 Week Range11.50 - 37.41
Volume138,840
Avg. Volume280,134
Market Cap27.949B
Beta (3Y Monthly)1.34
PE Ratio (TTM)4.06
EPS (TTM)3.43
Earnings DateN/A
Forward Dividend & Yield0.53 (3.83%)
Ex-Dividend Date2019-04-29
1y Target Est13.64
Trade prices are not sourced from all markets
  • How Do Continental Aktiengesellschaft’s (ETR:CON) Returns Compare To Its Industry?
    Simply Wall St.

    How Do Continental Aktiengesellschaft’s (ETR:CON) Returns Compare To Its Industry?

    Today we'll look at Continental Aktiengesellschaft (ETR:CON) and reflect on its potential as an investment...

  • BMW & Co Are Losing Their Allure, and That’s Got Germany Worried
    Bloomberg

    BMW & Co Are Losing Their Allure, and That’s Got Germany Worried

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Germany is at a crossroads, and nowhere will that be more evident than at the Frankfurt auto show this week.Despite sleek new electric models like the Porsche Taycan, the traditional showcase of German automotive excellence risks becoming a platform for protest rather than preening, drawing attention to a generation of young consumers more likely to demonstrate against the car’s role in global warming than shop for a new VW, BMW or Mercedes-Benz.Autos have made Germany into a global manufacturing powerhouse, but pollution concerns -- intensified by Volkswagen AG’s 2015 diesel-cheating scandal -- have sullied the reputation of a product that once embodied individual freedom. More recently, trade woes and slowing economies have hit demand. The consequence is Germany’s car production slumping to the lowest level since at least 2010.“Investors have been fearful about the industry’s prospects for a number of years, and the list of things to worry about doesn’t seem to be getting shorter,” said Max Warburton, a London-based analyst with Sanford C. Bernstein. “There is a general sense that things are about to get worse.”The end of the combustion-engine era and car buyers more interested in data connectivity than horsepower threaten Germany’s spot at the top of the automotive pecking order. Signs of trouble abound. In addition to numerous profit warnings this year, Mercedes maker Daimler AG delayed a plan to expand capacity at a Hungarian factory, parts giant Continental AG has started talks to cut jobs, and automotive supplier Eisenmann filed for insolvency.The car’s fragile standing was evident in the reaction to a deadly accident in Berlin on Friday evening when a Porsche SUV crashed into a group of pedestrians. Stephan von Dassel, the mayor of the district where the incident took place, said on Twitter that “such tank-like vehicles” should be banned in the city.Germany is teetering on the brink of recession, and the auto industry is pivotal to the economy’s health. Carmakers such as Volkswagen, Daimler and BMW AG as well as parts suppliers like Robert Bosch GmbH and Continental employ about 830,000 people in the country and support everything from machine makers to advertising agencies and cleaning services. With factories from Portugal to Poland, the importance of the sector radiates across Europe as well.With emissions regulations set to tighten starting next year, concerns are mounting that companies across the country’s industrial landscape are ill-equipped to deal with the technology transition resulting from climate change and increasing levels of digitalization. IG Metall organized a demonstration in June, with more than 50,000 people rallying in Berlin, to draw attention to the risk of widespread layoffs from what Germany’s biggest industrial union calls “the transformation.”“Far too many companies stick their heads in the sand and rest on their laurels,” IG Metall Chairman Joerg Hofmann said. “If companies continue to act so defensively, they’re playing roulette with the futures of their workers.”The concern is that the future of Germany’s car towns could look something like Ruesselsheim. The home of the Opel brand, which once rivaled VW as the German leader, has faded along with the carmaker’s performance. After years of losses, it was sold in 2017 by General Motors Co. to France’s PSA Group, which is slashing the Opel’s 20,000-strong German workforce by nearly a fifth.“Everybody in Ruesselsheim is worried,” said Servet Ibrahimoglu, owner of a kebab restaurant down the street from Opel’s factory, adding that his business has dropped by a third. “Before at lunchtime, this place was full. Now there’s no one.”The auto industry’s efforts to adapt to the risks will be on display in Frankfurt, and the stakes couldn’t be higher for models like the VW ID.3. The battery-powered hatchback is the auto giant’s first effort in an aggressive push into electric cars, which will make its debut at the Germany’s premier auto exhibition.Under bright lights and blaring music, the show is a throwback to the auto industry’s glory days, but it’s fading as public interest in old-school car show wanes. Toyota, Volvo and Ferrari are among the 30 brands skipping the show. For those still there, the displays will predominantly feature traditional gas guzzlers and other cash cows. Land Rover will unveil a resurrected version of the Defender, the British brand’s iconic offroader.“Instead of presenting new mobility concepts for the future, we’ll see lots of SUVs on stands that have become few and far between,” said Ferdinand Dudenhoeffer, director of the University of Duisburg-Essen’s Center for Automotive Research. “The recession in the global auto business is forcing savings cuts for car manufacturers and suppliers, along with a rapid loss of attractiveness of the classic ‘analog’ car shows.”Make or BreakWhere German brands once tried to outdo one another with outlandish displays like indoor tracks and multistory exhibition spaces, the main drama may take place outside Frankfurt’s sprawling fairgrounds. Greenpeace and Germany’s BUND have called for a mass march on the site on Saturday, joined by groups of cyclists setting off from around Frankfurt to underscore their call for the end of the combustion engine. Organizers are expecting at least 10,000 people. “We’re in the middle of a climate crisis,” said Marion Thiemann, transport-policy expert at Greenpeace. “The biggest problem is the automobile industry.”Despite doubts from environmentalists, automakers have gotten the message that they’re facing a make-or-break moment. The industry is spending billions of euros to develop cleaner vehicles and counter the emergence of ride-sharing services like Uber Technologies Inc., which has a market value equivalent to Daimler, the inventor of the automobile.“I’m absolutely convinced that carmakers will adapt to the situation,” BMW’s labor head Manfred Schoch said during a testy panel discussion with activists in Berlin last week. “Those that don’t will go out of business.”(Adds comment from activist in third-to-last paragraph)\--With assistance from Kristie Pladson, Andrew Blackman and William Wilkes.To contact the reporters on this story: Christoph Rauwald in Frankfurt at crauwald@bloomberg.net;Carolynn Look in Frankfurt at clook4@bloomberg.net;Elisabeth Behrmann in Munich at ebehrmann1@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Christoph Rauwald, Chris ReiterFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Biggest Bond Rout in Years Whiplashes Bulls Who Were Right
    Bloomberg

    Biggest Bond Rout in Years Whiplashes Bulls Who Were Right

    (Bloomberg) -- After August’s historic drop, it was starting to seem like Treasury yields could only fall. And then came Thursday, when an enormous surge reminded even well-entrenched bulls that the world’s biggest bond market isn’t a one-way street.Yields on two-year notes jumped as much as 14 basis points, which would be the largest full-day increase in a decade, before pulling back to 11 points. A popular iShares ETF tracking long bonds sank as much as 2.4%, the biggest intraday rout since the day after the 2016 U.S. presidential election. The sell-off was global, with German 30-year rates briefly turning positive after a month under zero, and yields in Australia and New Zealand climbing early in Asia on Friday.Optimism about the U.S.-China trade war -- spurred by the two nations agreeing to hold face-to-face talks next month -- are what initially got markets moving. But other catalysts were at play, too.Treasury yields hit their highs of the day after growth at U.S. service businesses beat estimates. A deluge of investment-grade corporate bonds sold by the likes of Apple Inc. and Walt Disney Co. flooded the market with supply, which tends to drive up yields. And a trio of central banks just refrained from sounding dovish, putting some investors on alert for policy surprises.“Treasuries are not a one-way trade, even as the trend is for lower yields,” said Scott Buchta, head of fixed income strategy at Brean Capital. “It’s a risk-on related move today given trade-talks are back on. But the backdrop of the high level of corporate issuance is also adding some volatility and putting upside pressure on Treasury yields.”Thursday’s moves contrast sharply with recent trends. Treasuries enjoyed a huge, yield-suppressing rally in August. U.S. debt returned 3.4%, the biggest monthly return since the depths of the 2008 financial crisis, according to a Bloomberg Barclays index. The iShares long-bond ETF, often called TLT, surged 11% for the biggest monthly gain since September 2011. The rate on 30-year Treasuries sank to a record low of 1.90% on Aug. 28.With a rally in Treasuries pushing the average investment-grade bond yield below 3%, companies are getting in while the getting is good. U.S. investment-grade sales through Wednesday amounted to $54 billion. In Europe, BT Group Plc, Continental AG and Snam SpA joined the barrage of new offering on Thursday, fanning what may be the busiest week for corporate issuance since March 2018.While most expect the European Central Bank and Federal Reserve to add more accommodation this month, investors were disappointed by the less-than-dovish messages just sent by central banks in Sweden, Canada and Australia. And resistance is growing among European policy makers to ECB President Mario Draghi’s bid to reactivate bond purchases.German 30-year bund yields rose 14 basis points, ending the day at minus 0.08%. That rout “is a message to the ECB countries who do not want to do quantitative easing,” said Andrew Brenner, head of international fixed income at NatAlliance Securities in New York. If they don’t do QE, “it’s going to get ugly.”Australia’s 10-year yield jumped as much as 10 basis points to 1.071% on Friday, which would be the steepest intraday advance since July 12. Yield on similar-maturity New Zealand debt rose six basis points to 1.122%.Still, investors might want to be skeptical that yield increases will continue. There’s a double whammy of news Friday: the monthly U.S. jobs report comes out and Fed Chairman Jerome Powell speaks about monetary policy, his last comments before the quiet period leading up to policy makers’ Sept. 18 decision.Rates futures traders are pricing in another quarter-point reduction at that meeting, and a total of about 60 basis points of easing by year-end.“I don’t see much risk of Treasury yields rising substantially from here,” said Thomas Urano, portfolio manager at Sage Advisory Services. “The reality is the major central banks are making capital readily available around the globe. The trade war is also undeniably causing a significant global slowdown, so yields will remain biased downward.”(Adds mention of Australia, N.Z. bonds in the second and 10th paragraphs.)\--With assistance from Dan Wilchins, Brian Smith, James Crombie, Hannah Benjamin and Elizabeth Stanton.To contact the reporter on this story: Liz Capo McCormick in New York at emccormick7@bloomberg.netTo contact the editors responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net, Nick Baker, Mark TannenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Is Continental Aktiengesellschaft (FRA:CON) Potentially Undervalued?
    Simply Wall St.

    Is Continental Aktiengesellschaft (FRA:CON) Potentially Undervalued?

    Today we're going to take a look at the well-established Continental Aktiengesellschaft (FRA:CON). The company's stock...

  • Moody's

    Continental Rubber of America, Corp. -- Moody's changes Continental's outlook to negative, affirms Baa1/P-2 ratings

    Moody's Investors Service ("Moody's") has today changed the outlook on the ratings of German automotive supplier Continental AG (Continental, or the group), to negative from stable. Concurrently, Moody's has affirmed Continental's Baa1 long term issuer and senior unsecured ratings, the (P)Baa1 debt issuance program ratings of Continental, Continental Rubber of America, Corp. and Conti-Gummi Finance BV and the Prime-2 (P-2) short-term ratings of Continental Rubber of America, Corp.

  • Will Automakers' Push for Fully Electric Cars Drive Profits?
    Zacks

    Will Automakers' Push for Fully Electric Cars Drive Profits?

    Considerably high cost of lithium-ion battery is eating into automakers' profits.

  • Why We’re Not Keen On Continental Aktiengesellschaft’s (FRA:CON) 6.6% Return On Capital
    Simply Wall St.

    Why We’re Not Keen On Continental Aktiengesellschaft’s (FRA:CON) 6.6% Return On Capital

    Today we are going to look at Continental Aktiengesellschaft (FRA:CON) to see whether it might be an attractive...

  • Auto Equipment Outlook: Cost & Technology Bumps Ahead
    Zacks

    Auto Equipment Outlook: Cost & Technology Bumps Ahead

    Auto Equipment Outlook: Cost & Technology Bumps Ahead

  • What Should Investors Know About Continental Aktiengesellschaft's (FRA:CON) Future?
    Simply Wall St.

    What Should Investors Know About Continental Aktiengesellschaft's (FRA:CON) Future?

    Since Continental Aktiengesellschaft (FRA:CON) released its earnings in March 2019, analyst forecasts appear to be...

  • Here's How We Evaluate Continental Aktiengesellschaft's (FRA:CON) Dividend
    Simply Wall St.

    Here's How We Evaluate Continental Aktiengesellschaft's (FRA:CON) Dividend

    Today we'll take a closer look at Continental Aktiengesellschaft (FRA:CON) from a dividend investor's perspective...

  • How Should Investors React To Continental Aktiengesellschaft's (FRA:CON) CEO Pay?
    Simply Wall St.

    How Should Investors React To Continental Aktiengesellschaft's (FRA:CON) CEO Pay?

    Elmar Degenhart became the CEO of Continental Aktiengesellschaft (FRA:CON) in 2009. This analysis aims first to...

  • A Closer Look At Continental Aktiengesellschaft's (FRA:CON) Impressive ROE
    Simply Wall St.

    A Closer Look At Continental Aktiengesellschaft's (FRA:CON) Impressive ROE

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • How Continental Aktiengesellschaft (FRA:CON) Could Add Value To Your Portfolio
    Simply Wall St.

    How Continental Aktiengesellschaft (FRA:CON) Could Add Value To Your Portfolio

    Continental Aktiengesellschaft (FRA:CON) is a stock with outstanding fundamental characteristics. When we build an...

  • With A -8.0% Earnings Drop, Is Continental Aktiengesellschaft's (FRA:CON) A Concern?
    Simply Wall St.

    With A -8.0% Earnings Drop, Is Continental Aktiengesellschaft's (FRA:CON) A Concern?

    Measuring Continental Aktiengesellschaft's (FRA:CON) track record of past performance is a valuable exercise for...

  • Moody's

    IHO Verwaltungs GmbH -- Moody's assigns Ba1 ratings to IHO's new senior secured notes

    Moody's Investors Service ("Moody's") has today assigned Ba1 ratings to the new senior secured notes issued by IHO Verwaltungs GmbH (IHO-V). With the proceeds from the new notes, which will consist of individual tranches with maturities in six, eight and ten years as well as currency denominations in EUR and USD, IHO-V will refinance existing senior secured notes due in 2021 and 2023, totaling 2.4 billion EUR-equivalent. Finally, Schaeffler also announced the increase and prolongation of its revolving credit facility (RCF) to EUR400 million, which will now mature in 2024.

  • PR Newswire

    Deutsche Bank's Depositary Receipts Virtual Investor Conference presentations now available for On-Demand Viewing

    NEW YORK , May 17, 2019 /PRNewswire/ -- Deutsche Bank today announced that the presentations from the May 15 th and 16 th Depositary Receipts Virtual Investor Conference ("dbVIC") are now available ...

  • PR Newswire

    Continental AG to Present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on May 16, 2019

    NEW YORK, May 13, 2019 /PRNewswire/ -- Continental AG (CTTAY, CON), Germany, today announced that Klaus Paesler, Investor Relations Manager, will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 16, 2019. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to U.S. investors.

  • CNW Group

    International companies to host live webcasts at Deutsche Bank's Depositary Receipts Virtual Investor Conference on May 15th and 16th, 2019

    International companies to host live webcasts at Deutsche Bank's Depositary Receipts Virtual Investor Conference on May 15th and 16th, 2019

  • Imagine Owning Continental (FRA:CON) And Wondering If The 34% Share Price Slide Is Justified
    Simply Wall St.

    Imagine Owning Continental (FRA:CON) And Wondering If The 34% Share Price Slide Is Justified

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Passive investing in an index fund is a good way to ensure your own returns roughly match the overal...

  • Why Continental Aktiengesellschaft (FRA:CON) Is A Financially Healthy Company
    Simply Wall St.

    Why Continental Aktiengesellschaft (FRA:CON) Is A Financially Healthy Company

    Continental Aktiengesellschaft (FRA:CON), a large-cap worth €31b, comes to mind for investors seeking a strong and reliable stock investment. Most investors favour these big stocks due to their strong balance sheet and high market liq...

  • New Strong Sell Stocks for April 15th
    Zacks

    New Strong Sell Stocks for April 15th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today