Deutsche Lufthansa (OTCMKTS:DLAKY) Now Covered by Morgan Stanley

Key Points

• Morgan Stanley has initiated coverage on Deutsche Lufthansa, assigning an "underweight" rating to the stock, indicating cautious sentiment from the brokerage.
• Recent analyst reports show mixed ratings for Deutsche Lufthansa, with Barclays upgrading it to "equal weight" and DZ Bank moving from a "strong sell" to a "hold" rating.
• In its latest quarterly earnings, Deutsche Lufthansa reported $0.95 EPS, exceeding expectations, with revenue reaching $11.85 billion.

Stock analysts at Morgan Stanley assumed coverage on shares of Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) in a report issued on Wednesday. The brokerage set an "underweight" rating on the transportation company's stock.

Other equities analysts have also recently issued reports about the stock. Barclays raised 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 cut shares of Deutsche Lufthansa from an "outperform" rating to a "market perform" rating in a research report on Wednesday, July 2nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Deutsche Lufthansa presently has an average rating of "Hold".

Deutsche Lufthansa Stock Performance

DLAKY opened at $8.59 on Wednesday. The company has a market capitalization of $10.29 billion, a price-to-earnings ratio of 5.14, a P/E/G ratio of 1.02 and a beta of 1.10. The business's 50-day moving average price is $8.97 and its two-hundred day moving average price is $8.21. Deutsche Lufthansa has a 1 year low of $5.69 and a 1 year high of $9.72. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.72.

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 return on equity of 17.23% and a net margin of 4.76%.The business had revenue of $11.85 billion during the quarter, compared to the consensus estimate of $11.81 billion. Equities analysts expect that Deutsche Lufthansa will post 0.87 EPS for the current fiscal year.

Hedge Funds Weigh In On Deutsche Lufthansa

A hedge fund recently raised its stake in Deutsche Lufthansa stock. GAMMA Investing LLC boosted its stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 892.5% during the second 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 buying an additional 8,336 shares during the period. GAMMA Investing LLC's holdings in Deutsche Lufthansa were worth $78,000 as of its most recent filing with the SEC.

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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