Understanding the stock market can be complex, especially when you’re trying to follow specific companies. For those interested in the automotive industry and, in particular, the iconic Mercedes-Benz, knowing the Mercedes-Benz stock ticker symbol is the first step to tracking its performance and understanding its market presence. This article will provide you with all the essential information about the Mercedes-Benz stock ticker, its performance, and key details about the company.
Decoding Stock Ticker Symbols
Before diving into the specifics of Mercedes-Benz, let’s clarify what a stock ticker symbol is and why it’s important. A stock ticker symbol is a unique set of letters assigned to publicly traded companies on stock exchanges. It serves as a shorthand way to identify and look up a company’s stock information quickly. Think of it as an abbreviation that allows investors and market watchers to access real-time data, historical performance, and news related to a specific company.
What is the Mercedes-Benz Stock Ticker Symbol?
The Mercedes-Benz Group AG stock ticker symbol is DAI. You might see it listed as DAI.DE on various financial platforms, especially when referencing its listing on the Frankfurt Stock Exchange (Deutsche Börse). The “.DE” suffix specifies the German exchange. This ticker symbol, DAI, is crucial for anyone looking to invest in or monitor the financial performance of Mercedes-Benz.
Mercedes-Benz Stock Performance: A Snapshot
As of February 20th, the data shows the Mercedes-Benz (DAI.DE) stock price at 59.65. Let’s break down the recent performance:
- Current Price: 59.65
- Daily Change: -1.53, a decrease of 2.50% compared to the previous trading day.
- Monthly Performance: A decrease of 6.42% over the last four weeks.
- Yearly Performance: A decrease of 12.37% over the past 12 months.
Analysts’ forecasts suggest a potential price of 58.15 by the end of the current quarter and 55.92 within a year. These projections are based on global macro models and analyst expectations from Trading Economics.
Image: A line graph depicting the historical stock price trend of Mercedes-Benz (DAI.DE) over time.
Peer Comparison in the Automotive Industry
Understanding how Mercedes-Benz stock performs relative to its peers can provide valuable insights. Here’s a comparison with other companies in the automotive and related industries, based on the provided data:
| Peers | Ticker | Price | Day Change | Year Change |
|---|---|---|---|---|
| Aena | AENA:SM | 211.00 | -1.77% | 23.10% |
| Autoliv | ALV:US | 99.06 | 0.48% | -10.36% |
| Aston Martin Lagonda | AML:LN | 113.40 | -0.96% | -33.53% |
| BMW | BMW:GR | 82.50 | 0.12% | -20.90% |
| Continental | CON:GR | 68.84 | -1.04% | -6.85% |
| Mercedes-Benz AG | DAI:GR | 59.65 | -2.50% | -12.37% |
| Ford Motor | F:US | 9.39 | 0.43% | -23.39% |
| General Motors | GM:US | 47.86 | 0.20% | 22.69% |
| Ferrari | RACE:US | 507.97 | 1.42% | 26.28% |
| Tesla | TSLA:US | 354.54 | -1.60% | 82.03% |
| Volkswagen | VOW3:GR | 97.32 | -0.14% | -18.62% |
This table illustrates that while some peers like Ferrari and Tesla have seen positive yearly changes, traditional automotive manufacturers including Mercedes-Benz, BMW, and Ford have experienced yearly declines.
Image: A table presenting comparative stock data for Mercedes-Benz and its industry peers, including ticker symbols, prices, and percentage changes.
Mercedes-Benz Group AG: Company Overview
Formerly known as Daimler AG, Mercedes-Benz Group AG is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. The company underwent a name change to Mercedes-Benz Group AG on February 1, 2022, following the spin-off of Daimler Truck.
Mercedes-Benz is renowned for its luxury vehicles and is one of the world’s leading premium car manufacturers. The company’s portfolio extends beyond cars to include trucks, vans, and buses. Operating through various segments, Mercedes-Benz Group AG encompasses:
- Mercedes-Benz Cars: Features the core Mercedes-Benz brand, along with Mercedes-AMG, Mercedes-Maybach, and smart.
- Mercedes-Benz Vans: Focuses on commercial vans under the Mercedes-Benz and Freightliner brands.
- Daimler Trucks: Manufactures trucks under brands like Mercedes-Benz, Freightliner, Western Star, FUSO, and BharatBenz.
- Daimler Buses: Produces buses under the Mercedes-Benz and Setra brands.
- Daimler Financial Services: Provides financial support for sales of their automotive brands globally.
This diversified business structure positions Mercedes-Benz as a significant player in the global automotive industry.
Accessing Further Financial Data
For investors and enthusiasts seeking deeper financial insights into Mercedes-Benz, numerous resources are available. You can explore detailed financial data through the provided links, covering aspects such as:
- Assets
- Cash and Equivalents
- Cost of Sales
- Current Assets & Liabilities
- Debt & Equity
- Dividend Yield
- Earnings Per Share (EPS)
- Gross Profit
- Market Capitalization
- Net Income
- Operating Profit & Expenses
- Sales Revenues
- and many more financial metrics.
By clicking on these links, you can access granular financial data to conduct thorough research and analysis of Mercedes-Benz’s financial health and performance.
Staying Updated on Mercedes-Benz Stock
Keeping track of the Mercedes-Benz stock ticker symbol DAI.DE is essential for anyone interested in the company’s financial journey. By monitoring this ticker, you can stay informed about real-time stock prices, analyze performance trends, and make informed decisions related to investing or simply following the automotive market. Use this information as your starting point to delve deeper into the world of Mercedes-Benz and its stock market activity.
