Why is Mercedes stock so cheap?
Mercedes-Benz Group AG is cheap and pays a very attractive dividend. But this detailed analysis reveals the extent of the risks and current negative developments. The last quarter showed very bad results, too. Sales are developing poorly, margins are falling, the outlook is uncertain, China remains a problem. Mercedes-Benz Group (ETR:MBG) Has Announced That Its Dividend Will Be Reduced To €4. Mercedes-Benz Group AG (ETR:MBG) is reducing its dividend from last year’s comparable payment to €4. May. The yield is still above the industry average at 8.
What is Mercedes’ stock name?
MBG-DE: Mercedes-Benz Group AG – Stock Price, Quote and News – CNBC. Valuation metrics show that Mercedes-Benz Group AG may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of MBGYY, demonstrate its potential to outperform the market. It currently has a Growth Score of D.
Why is Mercedes stock falling?
Oct. Reuters) -Mercedes-Benz reported declining sales for the third quarter on Tuesday, as U. S. China dented the German luxury carmaker’s deliveries. The German car manufacturer Mercedes-Benz continues to struggle with a lacklustre auto market and weakening demand. Mercedes-Benz is expected to cut its passenger car business profit expectations for the mid-term, following the market seeing an ongoing decrease in demand, according to reports.