Deutsche Lufthansa (OTCMKTS:DLAKY) Shares Gap Down - What's Next?

Key Points

• Price action: Deutsche Lufthansa's ADR gapped down Monday, opening at $8.58 after a $9.28 close and last trading around $9.03, a roughly 2.3% decline on light volume (~4,572 shares).
• Analyst consensus: Broker views are mixed (e.g., Goldman Sachs cut to "sell" while Morgan Stanley upgraded to "overweight"), and MarketBeat shows a consensus rating of "Hold" (1 Strong Buy, 1 Buy, 6 Hold, 1 Sell).
• Recent results and fundamentals: The company reported Q1 EPS of $0.24 (vs. $0.26 expected) with revenue of $11.52B, and carries metrics including a market cap of ~$10.9B, P/E ~6.7 and debt-to-equity ~1.03.

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $9.28, but opened at $8.58. Deutsche Lufthansa shares last traded at $9.0260, with a volume of 4,572 shares trading hands.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DLAKY. The Goldman Sachs Group downgraded shares of Deutsche Lufthansa from a "neutral" rating to a "sell" rating in a research report on Friday, March 20th. Zacks Research downgraded shares of Deutsche Lufthansa from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 18th. Barclays upgraded shares of Deutsche Lufthansa from a "strong sell" rating to a "hold" rating in a research report on Monday, March 9th. Finally, Morgan Stanley upgraded shares of Deutsche Lufthansa from an "underweight" rating to an "overweight" rating in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold".

Deutsche Lufthansa Stock Down 2.3%

The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.73 and a current ratio of 0.81. The stock has a market capitalization of $10.88 billion, a price-to-earnings ratio of 6.67, a P/E/G ratio of 0.48 and a beta of 0.96. The firm's fifty day simple moving average is $9.73 and its 200 day simple moving average is $9.46.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last announced its earnings results on Friday, March 6th. The transportation company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02). The company had revenue of $11.52 billion for the quarter, compared to analyst estimates of $11.38 billion. Deutsche Lufthansa had a return on equity of 13.15% and a net margin of 3.63%. On average, sell-side analysts forecast that Deutsche Lufthansa AG will post 0.87 earnings per share for the current year.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world's largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group's passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.

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