On Monday the French Michelin will report its past quarters results. Over the current book year the total revenue will be 20,64 billion euros (consensus estimates). This is hugely lower than 2019's revenue of 24,14 billion euros.
Michelin Euromast Elst ©
The analysts expect for 2020 a net profit of 681 million euros. For this year the consensus of the result per share is a profit of 3,84 euros. Based on this the price/earnings-ratio is 24,8.
Per share the analysts anticipate on a dividend of 2,01 euros per share. Thus the dividend yield equals 2,11 percent. The average dividend yield of the automobile companies is a moderate 0,41 percent.
Michelin's market capitalization is based on the number of outstanding shares around 17,13 billion euros. The Michelin stock was the past 12 months quite unstable. Since last July the stock is 9 percent lower. This year the stock price moved between 68 and 120 euro.
Click here for dividend Michelin. At 9.16 the stock trades 1,2 percent lower at 95,24 euros.
Analist.nl Nieuwsdienst: +31 084-0032-842
Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. Analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.