XTRA:SIX2Transportation
Sixt (XTRA:SIX2) Stock Revenue Grows But Thin Profits Keep Pressure High
Sixt stock closed today at €74.15 after a steady run over the past month, yet the real story sits in the profit line. The latest quarter shows net income stuck in low single digits in millions of euros, far below the stronger profit levels seen last year, which points to a clear margin squeeze in a capital heavy rental fleet business.
For you as an investor, the key question now is whether this pressure on earnings justifies the current P/E of 11.6x, or whether the market is leaning too hard...