FY2019 Earnings Estimate for MICHELIN COMPAG/ADR Issued By Jefferies Financial Group (MGDDY)

MICHELIN COMPAG/ADR (OTCMKTS:MGDDY) – Analysts at Jefferies Financial Group upped their FY2019 earnings estimates for shares of MICHELIN COMPAG/ADR in a note issued to investors on Tuesday, December 4th. Jefferies Financial Group analyst A. Kurian now expects that the company will earn $2.49 per share for the year, up from their previous estimate of $2.46.

MGDDY has been the topic of a number of other research reports. Zacks Investment Research upgraded shares of MICHELIN COMPAG/ADR from a “sell” rating to a “hold” rating in a research note on Wednesday, October 17th. Goldman Sachs Group lowered shares of MICHELIN COMPAG/ADR from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 16th.

Shares of MICHELIN COMPAG/ADR stock opened at $20.11 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.40 and a quick ratio of 0.79. MICHELIN COMPAG/ADR has a 1 year low of $19.24 and a 1 year high of $32.26.


Compagnie Générale des Établissements Michelin manufactures, distributes, and sells tires worldwide. The company operates through three segments: Passenger Car and Light Truck Tires and Related Distribution; Truck Tires and Related Distribution; and Specialty Businesses. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles.

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Earnings History and Estimates for MICHELIN COMPAG/ADR (OTCMKTS:MGDDY)

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