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Compagnie Générale des Établissements Michelin (GB:0OFM)
LSE:0OFM
RESEARCH TOOLSreports
Compagnie Générale des Établissements Michelin (0OFM) Share Price & Analysis
2 Followers
0OFM Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€24.76 - €38.51
Previous Close€34.96
Volume120.27K
Average Volume (3M)1.24M
Market Cap
€25.02B
Enterprise Value€29.72B
Total Cash (Recent Filing)€2.65B
Total Debt (Recent Filing)€7.34B
Price to Earnings (P/E)12.6
Beta1.07
Next Earnings
Jul 24, 2024EPS Estimate
€1.48Last Dividend Ex-Date
May 22, 2024Dividend Yield3.81%
Share Statistics
EPS (TTM)2.77
Shares Outstanding714,958,226
10 Day Avg. Volume2,270,954
30 Day Avg. Volume1,240,600
Standard Deviation0.06
R-Squared0.32
Alpha0.00690
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
€41.00Price Target Upside17.29% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Compagnie Générale des Établissements Michelin News
Bulls Say, Bears Say
Bulls Say
Cash GenerationMichelin is a cash-generative company, and the payout ratio is now nearly 50% of net income.
Financial PerformanceMichelin's ongoing positive mix shift is expected to drive margin and valuation upside.
Market PositionHigh market shares in premium tyre segments mean mix shift tailwinds to growth and margins which expand over time.
Bears Say
Organic GrowthA weaker conveyor-belt business should lead to negative organic growth for 'beyond tires'.
Quarterly Challenges1Q24 should be the most challenging quarter for the company.
Volume ProspectsGroup has eroded volumes prospects for the second quarter and now assumes full year volumes could trend below the lower end of the initial range.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
9.14% Mutual Funds
20.53% Other Institutional Investors
70.33% Public Companies and
Individual Investors
0OFM FAQ
What was Compagnie Générale des Établissements Michelin’s price range in the past 12 months?
Compagnie Générale des Établissements Michelin lowest share price was €24.76 and its highest was €38.51 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 16 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 3.81%. 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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€41.00 (17.29% Upside)
€41.00 (17.29% Upside)
Blogger Sentiment
Bearish
GB:0OFM Sentiment 100%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.91%
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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0OFM Company Deck
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0OFM Earnings Call
Q1 2024
0:00 / 0:00
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0OFM Stock 12 Month Forecast
Average Price Target
€41.00
▲(17.29% Upside)
Technical Analysis
Compagnie Générale des Établissements Michelin
―
Magna International
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GoodYear Tire
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Johnson Controls
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Autoliv
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Best Analysts Covering 0OFM
1 Year
1 Year Success Rate
33/52 ratings generated profit
1 Year Average Return
-1.33%
reiterated a buy rating 6 days ago
Copying Thomas Besson's trades and holding each position for 1 Year would result in 63.46% of your transactions generating a profit, with an average return of -1.33% per trade.
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