Latest news with #DaimlerTruckHoldingAG
Business Insider
17-05-2025
- Business
- Business Insider
Daimler Truck Holding AG (DTG) Receives a Hold from UBS
UBS analyst Hemal Bhundia maintained a Hold rating on Daimler Truck Holding AG (DTG – Research Report) on May 15 and set a price target of €40.00. The company's shares closed yesterday at €39.67. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter In addition to UBS, Daimler Truck Holding AG also received a Hold from DZ BANK AG's Holger Schmidt in a report issued on May 14. However, yesterday, Citi maintained a Buy rating on Daimler Truck Holding AG (XETRA: DTG). The company has a one-year high of €45.33 and a one-year low of €29.61. Currently, Daimler Truck Holding AG has an average volume of 1.98M. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DTG in relation to earlier this year.
Yahoo
15-05-2025
- Automotive
- Yahoo
Daimler Truck Holding AG (DTRUY) Q1 2025 Earnings Call Highlights: Strong Revenue and Strategic ...
Revenue: 11.6 billion from industrial business. Units Sold: 99,800 units. Adjusted Group EBITDA: 1.2 billion. Adjusted Return on Sales: 9.6% for industrial business. Earnings Per Share (EPS): 0.99. Free Cash Flow: 33 million in industrial business. Net Industrial Liquidity: 7.9 billion at quarter-end. Adjusted EBIT: 1.2 billion, a 4% decline year-over-year. Trucks North America Adjusted EBIT: 778 million with a 14.4% return on sales. Mercedes-Benz Trucks Adjusted EBIT: 238 million with a 5.4% return on sales. Trucks Asia Adjusted EBIT: 64 million with a 5.4% return on sales. Daimler Buses Adjusted EBIT: 126 million with a 9.4% return on sales. Financial Services Adjusted EBIT: Increased to 55 million. Industrial Net Liquidity: 7.9 billion, down from 8.6 billion in Q4. Unit Sales Decline: 8% decrease to 99,800 units. Incoming Orders: Declined 3% year-over-year to 103,000 units. Zero Emission Vehicles Sold: 759 units year-to-date. Heavy Duty Market Share in North America: 41.9%. Heavy Duty Market Share in Europe: 14.2%. Adjusted EBIT for Industrial Business: 1.1 billion, a 4% decline year-over-year. Adjusted Return on Equity for Financial Services: Decreased from 8.2% to 7.3%. Net Investments: 380 million in property, plant, and equipment and intangible assets. Adjusted Free Cash Flow: 143 million after adjustments. Warning! GuruFocus has detected 3 Warning Signs with DTRUY. Release Date: May 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Daimler Truck Holding AG (DTRUY) reported strong Q1 2025 results with revenues of $11.6 billion and an adjusted group EBITDA of $1.2 billion. The company achieved a significant milestone with Amazon placing its largest ever order for electric trucks, totaling 202 Mercedes-Benz E Atra 600 vehicles. Daimler Truck Holding AG (DTRUY) successfully tested its next-generation Gen H2 fuel cell truck in the Swiss Alps, demonstrating its power and zero-emission performance. The company announced a major initiative to establish Europe's largest semi-public charging network for electric trucks, aiming for over 3,000 fast charging points by 2030. Daimler Truck Holding AG (DTRUY) maintained a strong competitive position in North America with a class 8 market share of 41.9% despite market headwinds. The North American class 6 to 8 market declined by 5% year-over-year, impacting unit sales and incoming orders. The heavy-duty market in North America saw a 10% decline year-over-year, contributing to a challenging market environment. Daimler Truck Holding AG (DTRUY) experienced an 8% decline in overall unit sales and a 3% decline in incoming orders year-over-year. The company faced increased macroeconomic uncertainties, particularly in North America, affecting demand and market dynamics. Daimler Truck Holding AG (DTRUY) revised its full-year outlook for financial services, lowering the expected return on equity from 8-10% to 6-8% due to ongoing credit challenges. Q: Have you seen an increase in orders in North America in May, and what is driving the expected profitability in Q2? A: We have observed a stall in momentum with many customers adopting a wait-and-see approach. Despite this, we believe market demand remains and are focused on executing our strategy. Smaller fleets are currently ordering, and we expect orders to pick up in Q2. Our Q2 profitability is largely secured due to a filled production program and a strong order book from Q1. (Eva Scherer Scherer, CFO) Q: What is the potential impact of Section 232 tariffs on your North American operations? A: We are not overly concerned about Section 232 as we believe it would be difficult to assert that trucks made in Mexico threaten US national security. We expect USMCA to continue, potentially with stricter requirements, which we can adapt to. Our flexible production network allows us to manage costs efficiently. (Eva Scherer Scherer, CFO) Q: Can you explain the decline in EU30 heavy-duty market share and whether it is temporary? A: The decline is due to low order intakes last year, impacting current unit sales and market share. We expect improvement with the rollout of new products like the E Across L. We prioritize profitability over market share and are not engaging in excessive discounting. (Eva Scherer Scherer, CFO) Q: How are you managing flexibility in Trucks North America if orders do not pick up? A: We have labor agreements that allow us to adjust capacity and wages. In Mexico, we can reduce wages if we close down for a week. We have not released people yet, managing with shutdown days. We are prepared to adjust capacities in the second half if necessary. (Eva Scherer Scherer, CFO) Q: What are the drivers behind the strong margins in North America, and how sustainable are they? A: The strong margins are driven by a favorable mix, with more sales to smaller fleets and fewer medium-duty trucks. We expect this mix to normalize in Q2 but still remain strong. Pricing has been a net positive and is expected to continue positively impacting margins. (Eva Scherer Scherer, CFO) Q: Can you provide more details on the cost reduction program in Europe and its expected impact? A: The cost reduction program will have an impact in fiscal 2025, but not a major one. We will provide details on the ramp-up of savings at the Capital Markets Day. The program aims to close the performance gap with our best-performing peers. (Eva Scherer Scherer, CFO) Q: How are tariffs impacting your business, and what is your inventory situation? A: Tariffs had a minor impact on Q1 P&L but created market uncertainty, particularly in the US. We have considered current tariffs in our full-year guidance. Inventory levels are high but slightly decreasing, with a temporary increase due to new product ramp-ups. (Eva Scherer Scherer, CFO) Q: What is the status of your electrification efforts, and how is the market responding? A: We have 11 electric truck and bus models in production. The Amazon deal for 202 E Atra 600 trucks is a testament to our strong product offering. The US market for electric trucks is currently low, but we are monitoring regulatory changes to determine the right timing for new models. (Eva Scherer Scherer, CFO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-05-2025
- Business
- Yahoo
At €35.59, Is Daimler Truck Holding AG (ETR:DTG) Worth Looking At Closely?
Daimler Truck Holding AG (ETR:DTG) saw a decent share price growth of 12% on the XTRA over the last few months. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Today we will analyse the most recent data on Daimler Truck Holding's outlook and valuation to see if the opportunity still exists. Our free stock report includes 2 warning signs investors should be aware of before investing in Daimler Truck Holding. Read for free now. Good news, investors! Daimler Truck Holding is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 9.45x is currently well-below the industry average of 19.69x, meaning that it is trading at a cheaper price relative to its peers. Although, there may be another chance to buy again in the future. This is because Daimler Truck Holding's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity. Check out our latest analysis for Daimler Truck Holding Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Daimler Truck Holding's earnings over the next few years are expected to increase by 43%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? Since DTG is currently below the industry PE ratio, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current price multiple. Are you a potential investor? If you've been keeping an eye on DTG for a while, now might be the time to make a leap. Its buoyant future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy DTG. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. To that end, you should learn about the 2 warning signs we've spotted with Daimler Truck Holding (including 1 which is concerning). If you are no longer interested in Daimler Truck Holding, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
