This summary was created by AI, based on 1 opinions in the last 12 months.
The experts agree that Mercedes-Benz Group ADR (MBGYY-OTC) is a strong global brand with a loyal customer base and a tradition of innovation. They also highlight its well positioning to capitalize on growth in Asia and commitment to the electric vehicle space. With its affluent customer base and pricing elasticity, the company is somewhat insulated from economic downturns. Additionally, the stock is trading at a low multiple of earnings and offers a high yield, making it an attractive investment opportunity.
Strong global brand and presence. Customer loyalty. Tradition of innovation. Well positioned to capitalize on growth in Asia. Committed to EV space, by 2030 it wants to be only electric, which could challenge TSLA.
Affluent customers are not affected by economic downturns, so this type of company is somewhat insulated. Pricing elasticity. Growth rate of high-net worth individuals is growing at 5% a year, faster than mass market growth. Trades at 5.7x earnings, cheap. Raised 2023 earnings guidance. Yield is 7.27%.
One of the top luxury brands, sold in nearly every country in the world. Forecast of 150 billion Euros of revenues this year; Europe accounts for 35%, Asia 28% but definitely growing. Improving supply chains, more semis, and China's revival will all help. Shares moved above their 200-day a few months ago. MB is moving more into e-batteries that could challenge Tesla, now with a 6% market share (cars with their e-batteries), but targets all cars by 2030. MB is a value stock trading at 6x earnings, a big discount vs. its history. Shares are outpacing the MSCI world index.
Mercedes-Benz Group ADR is a American stock, trading under the symbol MBGYY-OTC on the US OTC (MBGYY). It is usually referred to as OTC:MBGYY or MBGYY-OTC
In the last year, 1 stock analyst published opinions about MBGYY-OTC. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Mercedes-Benz Group ADR.
Mercedes-Benz Group ADR was recommended as a Top Pick by on . Read the latest stock experts ratings for Mercedes-Benz Group ADR.
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1 stock analyst on Stockchase covered Mercedes-Benz Group ADR In the last year. It is a trending stock that is worth watching.
On 2024-07-25, Mercedes-Benz Group ADR (MBGYY-OTC) stock closed at a price of $17.15.
Great brand, but he sold, 200-day MA started to tilt downwards. Decline in sales volumes, along with earnings and cashflow. Increasing competition and pricing pressures, particularly in EVs. Softening sales in China, very concerning; Chinese are preferring domestic brands.