Tata Motors (NYSE:TTM) will be announcing its earnings results before the market opens on Thursday, February 7th. Analysts expect the company to announce earnings of $0.48 per share for the quarter.
Shares of TTM stock opened at $12.32 on Wednesday. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.92 and a quick ratio of 0.55. Tata Motors has a 12-month low of $10.49 and a 12-month high of $29.67. The stock has a market cap of $8.33 billion, a price-to-earnings ratio of 5.24, a PEG ratio of 3.48 and a beta of 1.66.
Several equities research analysts have issued reports on TTM shares. Zacks Investment Research raised Tata Motors from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 1st. HSBC lowered Tata Motors from a “buy” rating to a “hold” rating in a research note on Thursday, October 11th. Deutsche Bank lowered Tata Motors from a “buy” rating to a “hold” rating in a research note on Thursday, October 11th. Finally, ValuEngine raised Tata Motors from a “hold” rating to a “buy” rating in a research note on Tuesday, November 13th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the stock. Tata Motors has a consensus rating of “Hold”.
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About Tata Motors
Tata Motors Limited designs, manufactures, and sells a range of automotive vehicles. It operates through Automotive Operations and All Other Operations segments. The company offers cars, sports vehicles, trucks, buses, and defence vehicles, as well as related spare parts and accessories. It also manufactures engines for industrial and marine applications; aggregates, such as axles and transmissions for commercial vehicles; and factory automation equipment.
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