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

Key Points

• Deutsche Telekom AG has an average recommendation of "Buy" from seven research firms, with four issuing a strong buy rating.
• The company's recent earnings report showed an EPS of $0.58, surpassing analyst expectations of $0.57, alongside revenue of $33.33 billion.
• Currently, Deutsche Telekom's stock trades at approximately $36.70, with a market cap of $183 billion and a P/E ratio of 13.20.

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) have received a consensus recommendation of "Buy" from the seven ratings firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, one has issued a buy rating and four have issued a strong buy rating on the company.

Several research firms have recently weighed in on DTEGY. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Telekom in a research report on Wednesday, May 14th. Zacks Research downgraded Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 14th. Finally, Wall Street Zen downgraded Deutsche Telekom from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th.

Deutsche Telekom Price Performance

Shares of Deutsche Telekom stock traded down $0.03 during trading hours on Friday, reaching $36.66. The company's stock had a trading volume of 235,585 shares, compared to its average volume of 353,083. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.12 and a quick ratio of 1.06. Deutsche Telekom has a one year low of $28.30 and a one year high of $39.04. The firm has a 50 day moving average price of $36.18 and a 200-day moving average price of $36.38. The stock has a market cap of $182.80 billion, a P/E ratio of 17.13, a P/E/G ratio of 1.48 and a beta of 0.60.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The utilities provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. Deutsche Telekom had a return on equity of 10.14% and a net margin of 10.67%.The company had revenue of $33.33 billion during the quarter, compared to analyst estimates of $28.76 billion. On average, analysts predict that Deutsche Telekom will post 1.86 EPS for the current 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.