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OTCMKTS:MGDDY

Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Stock Price, News & Analysis

$19.53
-0.17 (-0.86%)
(As of 09/6/2024 ET)
Today's Range
$19.44
$19.62
50-Day Range
$18.42
$19.88
52-Week Range
$14.11
$20.82
Volume
786,643 shs
Average Volume
138,282 shs
Market Capitalization
$27.93 billion
P/E Ratio
N/A
Dividend Yield
2.51%
Price Target
N/A

Compagnie Générale des Établissements Michelin Société en commandite par actions MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.01% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Compagnie Générale des Établissements Michelin Société en commandite par actions in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.06%
From $1.88 to $1.90 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.08 out of 5 stars

MGDDY stock logo

About Compagnie Générale des Établissements Michelin Société en commandite par actions Stock (OTCMKTS:MGDDY)

Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses. The company was founded by Aristide Barbier and Édouard Daubrée on July 15, 1863 and is headquartered in Clermont-Ferrand, France.

MGDDY Stock Price History

MGDDY Stock News Headlines

Michelin : Disclosure of trading in own shares - September 4, 2024
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Company Calendar

Ex-Dividend for 6/10 Dividend
5/20/2024
Dividend Payable
6/10/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
Personal Services
Current Symbol
OTCMKTS:MGDDY
Previous Symbol
NASDAQ:MGDDY
Fax
N/A
Employees
132,300
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$30.67 billion
Cash Flow
$2.94 per share
Book Value
$13.45 per share

Miscellaneous

Outstanding Shares
1,429,916,000
Free Float
N/A
Market Cap
$27.93 billion
Optionable
Not Optionable
Beta
1.08
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Key Executives

  • Yves Chapot
    Chief Financial Officer & General Manager
  • Eric Philippe Vinesse
    Executive Vice President-Research & Development
  • Jean-Claude Pats
    Chief Human Resources Officer & Executive VP
  • Florent Menegaux
    Managing Chairman & General Partner
  • Serge Lafon
    Executive Vice President-Specialties

Should I Buy Compagnie Générale des Établissements Michelin Société en commandite par actions Stock? MGDDY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Compagnie Générale des Établissements Michelin Soc:

  • Compagnie Générale des Établissements Michelin Soc's stock price has been showing a positive trend, trading up 0.4% recently, indicating potential growth.
  • The company operates in the tire manufacturing industry, which is essential for various sectors like automotive, transportation, and construction, providing a stable market demand.
  • Recent analyst upgrades, such as Jefferies Financial Group raising the company's rating from "underperform" to "hold," can instill confidence in investors.
  • Compagnie Générale des Établissements Michelin Soc offers a diverse range of products and services, including mobility solutions and engineering services, showcasing adaptability and innovation.
  • With a long-standing history since 1863, the company has a strong foundation and expertise in the industry, potentially leading to sustainable growth.

Cons

Investors should be bearish about investing in Compagnie Générale des Établissements Michelin Soc for these reasons:

  • Market volatility and economic uncertainties can impact the demand for tires and related services, affecting the company's revenue and profitability.
  • Competitive pressures within the industry from other major players may lead to pricing wars or reduced market share for Compagnie Générale des Établissements Michelin Soc.
  • Fluctuations in raw material prices, such as rubber and oil, can influence the company's production costs and margins, posing a risk to financial performance.
  • Global supply chain disruptions or geopolitical events could disrupt manufacturing operations and distribution channels, impacting the company's ability to meet market demands.
  • Changes in consumer preferences towards alternative mobility solutions or sustainable products may require significant investments in research and development to stay competitive.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these Compagnie Générale des Établissements Michelin Société en commandite par actions pros and cons to contact@marketbeat.com.

MGDDY Stock Analysis - Frequently Asked Questions

How have MGDDY shares performed this year?

Compagnie Générale des Établissements Michelin Société en commandite par actions' stock was trading at $17.96 on January 1st, 2024. Since then, MGDDY stock has increased by 8.7% and is now trading at $19.53.
View the best growth stocks for 2024 here
.

How do I buy shares of Compagnie Générale des Établissements Michelin Société en commandite par actions?

Shares of MGDDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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This page (OTCMKTS:MGDDY) was last updated on 9/7/2024 by MarketBeat.com Staff

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