Analysts expect over 2020 decreasing revenue Michelin

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.

Historical revenues and results Michelin plus estimates 2020

Michelin Euromast Elst © Michelin

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.

Latest estimates around 108 euros

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.

Historical stock prices Michelin period 2007-2020

Click here for dividend Michelin. At 9.16 the stock trades 1,2 percent lower at 95,24 euros.

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