Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Average Rating of "Hold" by Analysts

Key Points

• Deutsche Lufthansa AG has recently received an average recommendation of "Hold" from six brokerages, with five analysts holding this position and one recommending a strong buy.
• GAMMA Investing LLC significantly increased its stake in Deutsche Lufthansa by 892.5% in the second quarter, now owning 9,270 shares valued at approximately $78,000.
• In its latest earnings report, Deutsche Lufthansa posted earnings per share of $0.95, exceeding the consensus estimate by $0.45, along with revenues of $11.85 billion.

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) have earned a consensus recommendation of "Hold" from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.

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

Deutsche Lufthansa Stock Up 1.4%

Shares of OTCMKTS:DLAKY traded up $0.13 during mid-day trading on Wednesday, hitting $9.32. 48,381 shares of the company traded hands, compared to its average volume of 44,442. The stock has a 50-day moving average price of $8.47 and a two-hundred day moving average price of $7.65. Deutsche Lufthansa has a 12-month low of $5.69 and a 12-month high of $9.36. The stock has a market cap of $11.17 billion, a P/E ratio of 5.58, a P/E/G ratio of 1.42 and a beta of 1.23. The company has a current ratio of 0.80, a quick ratio of 0.72 and a debt-to-equity ratio of 1.15.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC boosted its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 6,809 shares of the transportation company's stock after acquiring an additional 6,749 shares during the period. GAMMA Investing LLC's holdings in Deutsche Lufthansa were worth $50,000 as of its most recent SEC filing.

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.