Deutsche Telekom (DTEGY) to Release Earnings on Wednesday

Key Points

• Deutsche Telekom will release quarterly results on Wednesday, May 13, with analysts expecting $1.07 EPS and $33.144 billion in revenue.
• The stock opened at $31.90, trading in a 52-week range of $30.31–$40.58, with a market cap of $156.48 billion and a P/E of 14.43.
• Analyst sentiment is mixed but positive overall—three Buy ratings and one Hold, giving an average rating of "Moderate Buy", after several recent upgrades and one downgrade.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) is projected to release its resultson Wednesday, May 13th. Analysts expect Deutsche Telekom to post earnings of $1.07 per share and revenue of $33.1440 billion for the quarter.

Deutsche Telekom Price Performance

Shares of OTCMKTS DTEGY opened at $31.90 on Wednesday. Deutsche Telekom has a fifty-two week low of $30.31 and a fifty-two week high of $40.58. The firm's 50-day simple moving average is $36.23 and its 200 day simple moving average is $34.13. The company has a quick ratio of 1.04, a current ratio of 1.12 and a debt-to-equity ratio of 1.07. The stock has a market cap of $156.48 billion, a P/E ratio of 14.43, a P/E/G ratio of 0.83 and a beta of 0.30.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DTEGY. Wall Street Zen cut shares of Deutsche Telekom from a "buy" rating to a "hold" rating in a research note on Thursday, March 12th. Citigroup reiterated a "buy" rating on shares of Deutsche Telekom in a research report on Monday, April 20th. Erste Group Bank raised Deutsche Telekom from a "hold" rating to a "buy" rating in a research note on Wednesday, February 18th. Finally, Zacks Research raised Deutsche Telekom from a "strong sell" rating to a "hold" rating in a research note on Friday, May 1st. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

Deutsche Telekom Company Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.