Daimler and Infosys Announce Strategic Partnership

  • Daimler and Infosys announced a long-term strategic partnership for a technology-driven IT infrastructure transformation
  • he partnership will enable the company to deepen its focus on software engineering and to establish a fully scalable on-demand digital IT infrastructure and anytime-anywhere workplace
  • As a part of this partnership, automotive IT infrastructure experts based out of Germany, wider Europe, the U.S. and the APAC region will transition from Daimler to Infosys
  • Infosys is well placed to realize this transition as an expert having integrated more than 16,000 employees through other partnerships in recent years with a high acceptance, retention and satisfaction rate
  • The transfer will also enable Infosys to bolster and grow its automotive business, while offering Daimler employees strong prospects for long-term career growth and development

    Expectations Daimler

    Over the current book year the total revenue from the company in Stuttgart will be 152,47 billion euros (consensus estimates). This is rather significant lower than 2019's revenue of 172,75 billion euros.

    Historical revenues and results Daimler plus estimates 2020

    aandelenanalyse Bull

    The analysts expect for 2020 a net profit of 2,64 billion euros. For this year the consensus of Daimler 's result per share is a profit of 2,34 euros. The price-earnings-ratio equals 25,01.

    Analysts expect a dividend of 87 cents per share. Thus the dividend yield equals 1,49 percent. The average dividend yield of the automobile producers equals a poor 0,8 percent.

    Most recent target prices around 68 euros

    The most recent recommendations for the automobile producer are from RBC Capital Markets, Sanford C. Bernstein & Co and Jefferies & Co..

    Daimler 's market capitalization is based on the number of outstanding shares around 62,61 billion euros. The Daimler stock was the past 12 months quite unstable. Since last December the stock is 20 percent higher. This year the stock price moved between 21 and 60 euro.

    Historical stock prices Daimler

    equity research daimler

    Click here for dividend Daimler. On Wednesday the stock closed at 58,52 euros.

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