Continental AG (CTTAY) Research

Continental AG, a technology enterprise headquartered in Hanover, Germany, was founded in 1871 and was previously known as Continental-Caoutchouc- und Gutta-Percha Compagnie. The company delivers intelligent solutions worldwide for vehicles, machinery, traffic management, and transportation. Its operations are structured across four primary sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. In the Automotive division, Continental develops and supplies advanced systems for vehicle safety, braking, chassis control, and motion management, alongside cutting-edge solutions for assisted and automated driving. This segment also provides in-car audio and camera technologies, as well as smart information and communication systems. The Tires sector produces a comprehensive range of tires for passenger cars, trucks, buses, two-wheelers, specialist vehicles, and bicycles, complemented by digital monitoring and management services. ContiTech is responsible for creating and manufacturing innovative, cross-material, and environmentally conscious products and systems tailored for industries such as automotive, railway engineering, mining, and agriculture. Furthermore, Continental offers contract manufacturing services. The company's products are distributed globally through a vast network that includes 944 company-owned tire outlets and approximately 5,200 franchise locations.

Market snapshot

Symbol
CTTAY
Price
$8.28
Day change
-1.55%
Market cap
$14.5B
P/E ratio
-439.15x
52-week range
6.21-9.19
Sector
Consumer Cyclical
Industry
Auto - Parts
Next earnings
in 1 month

Recent news

  • Apollo, Bain in bidding for Continental industrial unit, Bloomberg News reports

    Private equity firms including Apollo ​Global Management and Bain Capital are weighing bids ‌for tyremaker Continental's industrial division in a deal that could value it at roughly 3.5 ​billion euros ($4.06 billion), Bloomberg News reported ​on Monday.

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