Is Mercedes a good share to buy?
MBGYY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 7. For comparison, its industry sports an average P/E of 9. Over the last 12 months, MBGYY’s Forward P/E has been as high as 8. Who Owns Mercedes-Benz Corporation? The Mercedes-Benz Corporation is part of Daimler AG, also known as the Daimler Group. Although Mercedes-Benz is their most well-known subsidiary, Daimler currently manufactures a wide range of high-quality cars, buses, motorcycles.As of now, Mercedes-Benz is owned by Mercedes-Benz Group AG, a company formerly known as Daimler AG.Within the past 12 months, MBGYY’s P/CF has been as high as 3. Value investors will likely look at more than just these metrics, but the above data helps show that Mercedes-Benz Group AG is likely undervalued currently.Overview of Mercedes-Benz Group AG shareholders. The Chinese BAIC Group currently holds 9. Mercedes-Benz Group AG’s largest individual shareholder.According to Mercedes-Benz Group AG’s latest financial reports and current stock price. The company’s current Dividend Yield is 9.
Is Mercedes a profitable company?
Mercedes-Benz Group has reported revenue of €145. Net profit for the year 2024 also saw a decline, reaching €10. Total debt on the balance sheet as of December 2024 : £4. Billion. According to Rolls-Royce Holdings’s latest financial reports the company’s total debt is £4. Billion. A company’s total debt is the sum of all current and non-current debts.The Mercedes-Benz Group expects Group revenue in 2025 to be slightly below the prior-year level, the automaker cautioned. In a market environment that remains challenging, Group EBIT is expected to be significantly below the previous year’s level resulting out of divisional guidances.Like most automotive manufacturers, the Mercedes-Benz Group has a very high level of gross financial debt, totalling EUR 108.Total debt on the balance sheet as of December 2024 : $88. Billion USD. According to BMW’s latest financial reports the company’s total debt is $88. Billion USD. A company’s total debt is the sum of all current and non-current debts.
What is the price prediction for Mercedes?
Wall Street analysts forecast MBG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MBG is 64. EUR with a low forecast of 46. EUR and a high forecast of 105 EUR. One stock to keep an eye on is Mercedes-Benz Group AG (MBGYY). MBGYY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 7. For comparison, its industry sports an average P/E of 9.Within the past 12 months, MBGYY’s P/CF has been as high as 3. Value investors will likely look at more than just these metrics, but the above data helps show that Mercedes-Benz Group AG is likely undervalued currently.MBGYY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 7. For comparison, its industry sports an average P/E of 9. Over the last 12 months, MBGYY’s Forward P/E has been as high as 8.MBGYY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 7. For comparison, its industry sports an average P/E of 9. Over the last 12 months, MBGYY’s Forward P/E has been as high as 8.
Is Mercedes losing market share?
Mercedes reports drop in global sales for 2024 but bosses insist year was a success. Mercedes saw global car sales drop last year amid dwindling demand in key markets. Figures published by the German marque last week show that Mercedes-Benz Group sold a combined 2. As the ultimate driving machine, BMW is known for providing an unmatched performance-focused experience, while Mercedes-Benz is praised for its classic luxury, outstanding comfort, and understated grace. The choice between these two titans frequently boils down to individual preferences, lifestyles, and needs.China is Mercedes-Benz Cars’ largest market in terms of unit sales, surpassing Europe, which was the brand’s leading regional market in 2020. In 2024, China accounted for over a third of all new car sales, when some 683,600 Mercedes-Benz cars were sold.November 21, 2023 – Mercedes-Benz has further expanded its leading position as the most valuable luxury automobile brand in the world in the current “Best Global Brands 2023” ranking. After five years in a row at number eight, the star now shines as the seventh most important brand in the world.November 21, 2023 – Mercedes-Benz has further expanded its leading position as the most valuable luxury automobile brand in the world in the current “Best Global Brands 2023” ranking. After five years in a row at number eight, the star now shines as the seventh most important brand in the world.While both BMW and Mercedes-Benz prioritise safety and reliability, Mercedes-Benz often leads the way with advanced safety features and a strong reputation for durability.
Is Mercedes good long term?
Mercedes cars can be long-lasting if you take care of them. Spending extra to care for your new Mercedes-Benz can help increase its longevity and protect your investment for years. That being said, some recent studies show that BMW models can last up to 200,000 to 250,000 miles, with an average lifespan of at least 15 years. On the other hand, Mercedes-Benz vehicles tend to last up to 150,000 to 200,000 miles with an average lifespan of over 10 years.Our Mercedes-Benz vehicles are a popular choice and for good reason. So, how long do Mercedes-Benz vehicles last? Many experts agree that Mercedes-Benz vehicles can last anywhere from 150,000 to 200,000 miles on average with routine maintenance.With an owner who follows the Mercedes-Benz service schedule and drives around 15,000 miles per year, a total lifespan of 13 to 17 years is far from unlikely. Most drivers can expect to see between 200,000 and 250,000 miles on the odometer when they decide to bring their vehicle in for retirement.
Is Mercedes a good dividend stock?
Dividend Yield as of April 21: 8. Mercedes-Benz Group AG (XETRA:MBG. DE) tops our list of the best German dividend stocks to buy. Based in Stuttgart, Germany, Mercedes-Benz is a global automotive company specializing in premium cars, vans, and mobility services. AMG – these three letters stand worldwide for supreme automotive performance, exclusiveness, efficiency and highly dynamic driving pleasure. Today, as a wholly owned subsidiary of Mercedes-Benz Group AG, the Affalterbach-based company represents the sporting spearhead of the Group.What does Mercedes-AMG stand for? Mercedes Aufrecht, Melcher and Großaspach (AKA Mercedes-AMG), is the performance branch of the iconic German automotive marque Mercedes-Benz, and is named after the two engineers that founded the AMG name in 1967.As of now, Mercedes-Benz is owned by Mercedes-Benz Group AG, a company formerly known as Daimler AG.