|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||95.20 - 96.04|
|52-week range||51.32 - 98.00|
|Beta (5Y monthly)||1.57|
|PE ratio (TTM)||6.54|
|Forward dividend & yield||1.60 (1.68%)|
|Ex-dividend date||01 Apr 2021|
|1y target est||111.07|
Daimler AG Chief Executive Ola Kaellenius told Reuters on Friday the automaker hopes to stabilize its supply chain for semiconductors during this quarter, but expects real relief from shortages of chips will not arrive until 2023. Kaellenius, who is visiting Mercedes operations in the United States, said production of Mercedes vehicles during the fourth quarter will be lower than a year ago, which was an unusually strong quarter as the company began recovering from pandemic shutdowns. "We cannot have 100 percent certainty" about supplies of semiconductors, Kaellenius said.
With Daimler's (DDAIF) truck division spin-off, the company plans to grow further and continue its dominance in alternative powertrains and automation.
BKNG, CCL, DDAIF, AQUA, and RACE have been added to the Zacks Rank #5 (Strong Sell) List on October 13, 2021.