Deutsche Lufthansa AG (DLAKY) - What Are Brokerages Saying About This Stock?

Key Points

• Deutsche Lufthansa has a consensus “Reduce” rating: five of seven analysts recommend selling, while one rates it a hold and one a strong buy. Citigroup and Zacks Research recently downgraded the stock to “strong sell.”
• The stock opened at $8.18, near its 52-week low of $7.84, and was trading below both its 50-day and 200-day moving averages. Its latest quarterly EPS of $0.13 missed the $0.34 analyst consensus, although revenue slightly exceeded estimates.
• Several institutional investors recently initiated or increased positions, including GAMMA Investing, which raised its stake by 52.1%, along with new investments from Fulton Bank and Sterling Capital Management.

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) has been assigned a consensus recommendation of "Reduce" from the seven ratings firms that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and one has given a strong buy recommendation to the company.

Several research analysts have commented on the stock. Citigroup cut shares of Deutsche Lufthansa from a "hold" rating to a "strong sell" rating in a report on Wednesday, July 8th. Zacks Research lowered shares of Deutsche Lufthansa from a "hold" rating to a "strong sell" rating in a research note on Tuesday, September 1st.

Deutsche Lufthansa Trading Down 1.1%

Shares of Deutsche Lufthansa stock opened at $8.18 on Thursday. The firm has a market capitalization of $9.83 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 0.57 and a beta of 0.97. Deutsche Lufthansa has a fifty-two week low of $7.84 and a fifty-two week high of $11.53. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.78 and a current ratio of 0.86. The stock has a 50 day moving average of $8.77 and a 200 day moving average of $9.44.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last posted its earnings results on Tuesday, August 4th. The transportation company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.21). Deutsche Lufthansa had a net margin of 1.63% and a return on equity of 5.74%. The company had revenue of $12.84 billion during the quarter, compared to analyst estimates of $12.76 billion. As a group, research analysts predict that Deutsche Lufthansa will post 0.93 earnings per share for the current year.

Hedge Funds Weigh In On Deutsche Lufthansa

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Fulton Bank N.A. purchased a new stake in shares of Deutsche Lufthansa in the second quarter valued at about $120,000. GAMMA Investing LLC increased its stake in shares of Deutsche Lufthansa by 52.1% during the second quarter. GAMMA Investing LLC now owns 13,943 shares of the transportation company's stock worth $159,000 after acquiring an additional 4,779 shares during the period. Finally, Sterling Capital Management LLC acquired a new position in shares of Deutsche Lufthansa during the first quarter worth about $204,000.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG is a Germany-based aviation group and the parent company of the Lufthansa Group. Its principal business is the transportation of passengers and cargo through a portfolio of airlines serving domestic, European and international markets. The group's major passenger carriers include Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Discover Airlines.

In addition to scheduled passenger flights, the Lufthansa Group provides air cargo services through Lufthansa Cargo and aircraft maintenance, repair and overhaul services through Lufthansa Technik.

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