Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Consensus Recommendation of "Strong Buy" from Brokerages

Key Points

• Deutsche Telekom AG has received an average rating of "Strong Buy" from six analysts, with four recommending a strong buy, one a buy, and one a hold.
• The company's most recent earnings report showed a revenue of $33.37 billion, surpassing analysts' estimates of $29.43 billion, and an EPS of $0.53.
• As of now, Deutsche Telekom's stock is valued at $36.04, having a market capitalization of $179.71 billion and a P/E ratio of 13.76.

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) has been assigned an average recommendation of "Strong Buy" from the six research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, one has assigned a buy rating and four have issued a strong buy rating on the company.

Several equities research analysts have recently issued reports on DTEGY shares. Wall Street Zen upgraded Deutsche Telekom from a "hold" rating to a "buy" rating in a report on Friday, June 6th. Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Telekom in a report on Wednesday, May 14th.

Deutsche Telekom Price Performance

Shares of OTCMKTS:DTEGY traded down $1.73 on Monday, hitting $34.65. The company's stock had a trading volume of 509,636 shares, compared to its average volume of 729,057. The company has a market capitalization of $172.78 billion, a PE ratio of 13.23, a PEG ratio of 1.48 and a beta of 0.61. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.23 and a quick ratio of 1.16. Deutsche Telekom has a 1 year low of $26.51 and a 1 year high of $39.04. The company has a 50-day simple moving average of $36.46 and a 200 day simple moving average of $36.00.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The utilities provider reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.01. Deutsche Telekom had a return on equity of 10.03% and a net margin of 10.26%. The business had revenue of $33.37 billion during the quarter, compared to analysts' expectations of $29.43 billion. Sell-side analysts forecast that Deutsche Telekom will post 1.86 EPS for the current fiscal year.

About Deutsche Telekom

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.