Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Deutsche Lufthansa AG has received an average rating of "Hold" from analysts, with five hold ratings and one strong buy.
• In the latest quarter, Deutsche Lufthansa reported earnings of $0.95 per share, exceeding analysts' estimates of $0.50.
• Institutional investor GAMMA Investing LLC significantly increased its stake in Deutsche Lufthansa by 11,248.3% during the first quarter.

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) have received an average rating of "Hold" from the six brokerages that are presently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company.

A number of analysts recently weighed in on DLAKY shares. Sanford C. Bernstein cut shares of Deutsche Lufthansa from an "outperform" rating to a "market perform" rating in a research note on Wednesday, July 2nd. Barclays upgraded Deutsche Lufthansa from an "underweight" rating to an "equal weight" rating in a research note on Monday, August 4th. Finally, DZ Bank upgraded Deutsche Lufthansa from a "strong sell" rating to a "hold" rating in a research report on Friday, August 1st.

Deutsche Lufthansa Stock Performance

DLAKY stock traded down $0.03 during midday trading on Friday, hitting $8.94. The stock had a trading volume of 39,208 shares, compared to its average volume of 72,159. Deutsche Lufthansa has a 52 week low of $5.69 and a 52 week high of $9.72. The company has a current ratio of 0.80, a quick ratio of 0.72 and a debt-to-equity ratio of 1.15. The stock has a 50-day simple moving average of $8.92 and a 200 day simple moving average of $7.99. The firm has a market capitalization of $10.72 billion, a price-to-earnings ratio of 5.35, a P/E/G ratio of 1.43 and a beta of 1.17.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.45. The firm had revenue of $11.85 billion for the quarter, compared to analyst estimates of $11.81 billion. Deutsche Lufthansa had a net margin of 4.76% and a return on equity of 17.23%. As a group, equities research analysts anticipate that Deutsche Lufthansa will post 0.87 earnings per share for the current year.

Institutional Investors Weigh In On Deutsche Lufthansa

A hedge fund recently raised its stake in Deutsche Lufthansa stock. GAMMA Investing LLC lifted its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 892.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 9,270 shares of the transportation company's stock after purchasing an additional 8,336 shares during the quarter. GAMMA Investing LLC's holdings in Deutsche Lufthansa were worth $78,000 at the end of the most recent reporting period.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.