Continental AG

Continental is an automotive industry supplier. Co.'s automotive divisions comprised of: Chassis & Safety, which develops and produces systems that provide safety and enhanced vehicle dynamics; Powertrain, which develops solutions for gasoline and diesel engines, as well as hybrid and electrical drive systems; and Interior, which provides solutions for information management within vehicles and networking between vehicles. Co.'s rubber divisions comprised of: Tires, which provides tires for passenger cars through trucks, buses and construction site vehicles to special vehicles, motorcycles and bicycles; and ContiTech, which develops products made from rubber and plastic.
  • Ticker543900
  • ISINDE0005439004
  • SectorAutomobiles & Parts
  • CountryGermany

Analysts

Matthieu DRIOL

Analyse court terme - CONTINENTAL : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 126,75 €, puis 117,81 €. Le franchissement de 162,45 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - CONTINENTAL : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €126.75, then €117.81. Passing €162.45 would question the continuation of the fall.

Matthieu DRIOL
Matthieu DRIOL

Medium term view - CONTINENTAL : The movement goes on.

The trend is bearish. The movement goes on. The next target is at €126.75, then €100.98. Passing €211.00 would question the continuation of the fall.

Matthieu DRIOL

Short term view - CONTINENTAL : Falling prices.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €140.51. The background trend would be questioned should prices rise above €190.90.

Continental AG - December 2017 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Continental AG - September 2017 (LTM): Peer Snapshot

Peer Snapshot:  Continental AG - September 2017 (LTM) 20 December 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Sep-17

Continental AG: Key facts and statistics

CORPORATES ISSUER PROFILE 20 November 2017 TABLE OF CONTENTS Company overview 1 Business description 2 Company history 2 Acquisition by Schaeffler Group 3 Business divisions 3 Management strategy 5 Financial highlights 6 Capital structure and debt maturity 8 Company management 9 Ownership structure

Continental AG - June 2017 (LTM): Peer Snapshot

Peer Snapshot:  Continental AG - June 2017 (LTM) 11 September 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17

Continental AG - March 2017 (LTM): Peer Snapshot

Peer Snapshot:  Continental AG - March 2017 (LTM) 7 June 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Mar-17 FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-14 FYE Dec-15 LTM Dec-16

Richard Hilgert

Morningstar | CON Updated Forecasts and Estimates from 18 Sep 2018

Narrow-moat rated Continental announced that it cut its 2018 guidance due to weaker-than-expected automaker customer production schedules in Europe and China, softer tire sales, higher-than-anticipated warranty expense, higher cost for hybrid powertrain launch, and launch cost in the industrial ContiTech group. Revenue guidance was reduced by EUR 500 million in the automotive group and by another EUR 500 million in the tire group. Consolidated 2018 revenue is now expected be around EUR 45 billion, including management's expectations for negative currency effect. Adjusted EBIT margin guidance ...

Richard Hilgert

Morningstar | CON Updated Forecasts and Estimates from 27 Aug 2018

Narrow-moat rated Continental announced that it cut its 2018 guidance due to weaker-than-expected automaker customer production schedules in Europe and China, softer tire sales, higher-than-anticipated warranty expense, higher cost for hybrid powertrain launch, and launch cost in the industrial ContiTech group. Revenue guidance was reduced by EUR 500 million in the automotive group and by another EUR 500 million in the tire group. Consolidated 2018 revenue is now expected be around EUR 45 billion, including management's expectations for negative currency effect. Adjusted EBIT margin guidance ...

Manuel Tanzer, CFA ...
  • Tim Schuldt, CFA

CONTINENTAL - Profit warning opens up an attractive buying opportunity

Xavier Caroen

Continental: FV cut by EUR19 following yesterday's profit warning, we downgrade our rating to Sell

We adjusted our 2018/19 EPS negatively after yesterday’s group’s profit warning on both its Automotive and Rubber divisions as for H2-18. We are still surprised by the timing of such communication only few weeks after group’s H1-18 earnings presentation. We understand a large part of this profit warning is company specific, with the group being too optimistic on its ability to convert an order book in real sales (similarly to Valeo?). We cut our rating from Neutral to Sell.

Jean-Louis Sempé

INVEST SECURITIES - Continental : Onde de choc sur avertissement impromptu - NEUTRE ; OC : 1650€ vs 183€

La publication T2 avait conduit au maintien des guidances annuelles mais le groupe prend acte, à peine 3 semaines plus tard, d'un contexte soudainement plus difficile pour lancer un avertissement aux répercussions immédiates et violentes sur les cours de l'ensemble des équipementiers et pneumaticiens en Europe. Le pessimisme qui ressort de la conférence téléphonique sur la demande dans les activités Auto mais aussi les activités Rubber au S2 n'incite pas à l'optimisme. Nous abaissons nos BNA de de -7,5% sur 2018 et 2019 et nos modèles donnent un OC abaissé à 160€ vs 183€ préc. Après la chute d...

Increased risk weighs on CONTINENTAL AG, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of CONTINENTAL AG (DE), active in the Tires industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date September 14, 2018, the closing price was EUR 151.10 and its target price was estimated at EUR 143.54.

Ng Adrian

Continental AG

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Ng Adrian

Continental AG

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Ng Adrian

Continental AG

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ValuEngine Toronto Quantitative Stock Report for CON

ValuEngine Toronto Quantitative Stock Report for CON

Expert Corporate Governance Service (ECGS)

Proxy Report - 27/04/2018

Items 4.13 and 4.20: We recommend opposing the discharge of Supervisory Board members Maria-Elisabeth Schaeffler-Thumann and Prof. KR Ing. Siegfried Wolf due to their insufficient attendance at Supervisory Board and committee meetings in financial year 2017. Item 5: KPMG, Hanover, is proposed as auditor for the current financial year. We have no concerns over the ratio of non-audit/audit fees. However, we note that KPMG or its predecessor have audited the Company since at least the financial year 1975 (no earlier data available) which significantly exceeds our maximum acceptable term of offic...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 28/04/2017

Items 4.4, 4.14, 4.18: We recommend opposing the discharge of Supervisory Board members Prof. Dr.-Ing. Peter Gutzmer, Maria-Elisabeth Schaeffler-Thumann and Elke Volkmann due to their insufficient attendance at Board meetings.Item 5: We recommend opposing the re-appointment of KPMG, Hanover, as auditor for the current financial year. KPMG has audited the Company since at least the financial year 1975 (no earlier data available) which exceeds our maximum acceptable term of office. We consider a longer term of office may impair the auditor's independence.Item 6: We recommend opposing the approva...

Matthieu DRIOL

Analyse court terme - CONTINENTAL : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 126,75 €, puis 117,81 €. Le franchissement de 162,45 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - CONTINENTAL : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €126.75, then €117.81. Passing €162.45 would question the continuation of the fall.

Matthieu DRIOL
Matthieu DRIOL

Medium term view - CONTINENTAL : The movement goes on.

The trend is bearish. The movement goes on. The next target is at €126.75, then €100.98. Passing €211.00 would question the continuation of the fall.

Matthieu DRIOL

Short term view - CONTINENTAL : Falling prices.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €140.51. The background trend would be questioned should prices rise above €190.90.

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