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Compagnie Générale des Établissements Michelin (FR:ML)
PARIS:ML
RESEARCH TOOLSreports
Compagnie Générale des Établissements Michelin (ML) Stock Price & Analysis
17 Followers
ML Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€25.60 - €36.29
Previous Close€36.02
Volume636.86K
Average Volume (3M)1.43M
Market Cap
€25.75B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)13.0
Beta0.96
Next Earnings
Jul 24, 2024EPS Estimate
€1.48Next Dividend Ex-Date
May 22, 2024Dividend Yield3.29%
Share Statistics
EPS (TTM)2.77
Shares OutstandingN/A
10 Day Avg. Volume1,423,304
30 Day Avg. Volume1,434,941
Standard Deviation0.07
R-Squared0.57
Alpha0.00396
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€35.95Price Target Upside0.47% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Compagnie Générale des Établissements Michelin News
Bulls Say, Bears Say
Bulls Say
Earnings Performance2023 adjusted EBIT was a 4% beat relative to downplayed expectations thanks to a cost tailwind.
Financial StrategyMichelin is rewarding shareholders with a dividend and added a share buyback program of up to €1bn.
Operational EfficiencyThe group has benefited from WCR reversal and from a positive cash flow from JV and associates.
Bears Say
Growth ConcernsVolumes remain a concern, with the company grappling with lack of volume growth for years.
Quarterly Performance1Q24 should be the most challenging quarter for the company.
Sales VolumeMichelin's volumes down in 1Q24 due to multiple headwinds.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
8.79% Mutual Funds
14.56% Other Institutional Investors
76.65% Public Companies and
Individual Investors
ML FAQ
What was Compagnie Générale des Établissements Michelin’s price range in the past 12 months?
Compagnie Générale des Établissements Michelin lowest stock price was €25.60 and its highest was €36.29 in the past 12 months.
What is Compagnie Générale des Établissements Michelin’s market cap?
Currently, no data Available
When is Compagnie Générale des Établissements Michelin’s upcoming earnings report date?
Compagnie Générale des Établissements Michelin’s upcoming earnings report date is Jul 24, 2024 which is in 87 days.
How were Compagnie Générale des Établissements Michelin’s earnings last quarter?
Currently, no data Available
Is Compagnie Générale des Établissements Michelin overvalued?
According to Wall Street analysts Compagnie Générale des Établissements Michelin’s price is currently Undervalued.
Does Compagnie Générale des Établissements Michelin pay dividends?
Compagnie Générale des Établissements Michelin pays a Annually dividend of €1.35 which represents an annual dividend yield of 3.29%. See more information on Compagnie Générale des Établissements Michelin dividends here
What is Compagnie Générale des Établissements Michelin’s EPS estimate?
Compagnie Générale des Établissements Michelin’s EPS estimate is €1.48.
How many shares outstanding does Compagnie Générale des Établissements Michelin have?
Compagnie Générale des Établissements Michelin has 714,958,250 shares outstanding.
What happened to Compagnie Générale des Établissements Michelin’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Compagnie Générale des Établissements Michelin?
Among the largest hedge funds holding Compagnie Générale des Établissements Michelin’s share is ARK Investment Management LLC. It holds Compagnie Générale des Établissements Michelin’s shares valued at 2M.
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Compagnie Générale des Établissements Michelin Stock Smart Score
Not Ranked
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€35.95 (0.47% Upside)
€35.95 (0.47% Upside)
Blogger Sentiment
Bullish
FR:ML Sentiment 66%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.22%
12-Months-Change
Fundamentals
Return on Equity
11.24%
Trailing 12-Months
Asset Growth
3.06%
Trailing 12-Months
Company Description
Compagnie Générale des Établissements Michelin
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. Compagnie Générale des Établissements Michelin was founded by Aristide Barbier and Édouard Daubrée on July 15, 1863 and is headquartered in Clermont-Ferrand, France.
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ML Company Deck
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ML Earnings Call
Q1 2024
0:00 / 0:00
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ML Stock 12 Months Forecast
Average Price Target
€35.95
▲(0.47% Upside)
Technical Analysis
Compagnie Générale des Établissements Michelin
―
GoodYear Tire
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Johnson Controls
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Autoliv
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Magna International
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Best Analysts Covering ML
1 Year
1 Year Success Rate
33/51 ratings generated profit
1 Year Average Return
-1.44%
reiterated a buy rating 6 days ago
Copying Thomas Besson's trades and holding each position for 1 Year would result in 64.71% of your transactions generating a profit, with an average return of -1.44% per trade.
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