Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Rating of "Hold" from Brokerages

Key Points

• Deutsche Lufthansa AG has received an average rating of "Hold" from six brokerages, with five firms suggesting a hold and one issuing a strong buy rating.
• GAMMA Investing LLC significantly increased its stake in Deutsche Lufthansa by 892.5% during the second quarter, reflecting growing institutional interest in the stock.
• The company's latest financial results show an EPS of $0.95, exceeding analyst expectations and leading to a revenue of $11.85 billion for the quarter.

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) have received an average rating of "Hold" from the six ratings firms that are 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.

Several brokerages have commented on DLAKY. Barclays upgraded shares of Deutsche Lufthansa from an "underweight" rating to an "equal weight" rating in a research note on Monday, August 4th. DZ Bank upgraded shares of Deutsche Lufthansa from a "strong sell" rating to a "hold" rating in a research note on Friday, August 1st. Finally, Sanford C. Bernstein lowered shares of Deutsche Lufthansa from an "outperform" rating to a "market perform" rating in a research note on Wednesday, July 2nd.

Institutional Investors Weigh In On Deutsche Lufthansa

A hedge fund recently raised its stake in Deutsche Lufthansa stock. GAMMA Investing LLC increased its stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 892.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent SEC filing.

Deutsche Lufthansa Stock Up 0.7%

DLAKY stock opened at $8.74 on Thursday. The company's 50 day moving average price is $8.99 and its 200 day moving average price is $8.15. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.72 and a current ratio of 0.80. Deutsche Lufthansa has a fifty-two week low of $5.69 and a fifty-two week high of $9.72. The firm has a market capitalization of $10.47 billion, a price-to-earnings ratio of 5.23, a PEG ratio of 1.33 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 EPS for the quarter, beating the consensus estimate of $0.50 by $0.45. The company 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%. On average, equities research analysts anticipate that Deutsche Lufthansa will post 0.87 EPS for the current fiscal year.

About Deutsche Lufthansa

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.

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