Deutsche Telekom (OTCMKTS:DTEGY) Releases Quarterly Earnings Results

Key Points

• Deutsche Telekom reported earnings of $0.58 per share for the quarter, exceeding the consensus estimate of $0.57, with quarterly revenue reaching $33.33 billion compared to an expected $28.76 billion.
• The stock price fell by 1.3% during trading, closing at $34.37, after showing a twelve month low of $26.71 and a high of $39.04.
• Analysts have a positive outlook on Deutsche Telekom, with several upgrades leading to a current average rating of "Buy" for the stock.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) posted its quarterly earnings data on Thursday. The utilities provider reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.01, Zacks reports. Deutsche Telekom had a return on equity of 10.10% and a net margin of 10.67%. The business had revenue of $33.33 billion during the quarter, compared to the consensus estimate of $28.76 billion.

Deutsche Telekom Stock Down 0.2%

DTEGY stock traded down $0.06 during mid-day trading on Wednesday, reaching $35.49. 34,732 shares of the company traded hands, compared to its average volume of 724,684. The stock has a market cap of $176.94 billion, a price-to-earnings ratio of 12.76, a P/E/G ratio of 1.41 and a beta of 0.61. The company has a quick ratio of 1.16, a current ratio of 1.23 and a debt-to-equity ratio of 1.05. Deutsche Telekom has a fifty-two week low of $27.27 and a fifty-two week high of $39.04. The firm's 50 day moving average price is $36.22 and its 200 day moving average price is $36.13.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wall Street Zen downgraded Deutsche Telekom from a "buy" rating to a "hold" rating in a report on Sunday. Morgan Stanley restated an "overweight" rating on shares of Deutsche Telekom in a research note on Wednesday, May 14th. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, Deutsche Telekom presently has a consensus rating of "Buy".

Deutsche Telekom Company Profile

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.