Wall Street Zen Downgrades Deutsche Telekom (OTCMKTS:DTEGY) to Hold

Wall Street Zen lowered shares of Deutsche Telekom (OTCMKTS:DTEGY - Free Report) from a buy rating to a hold rating in a research report sent to investors on Saturday morning.

Other analysts have also recently issued research reports about the company. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Telekom in a research report on Wednesday, May 14th. Hsbc Global Res downgraded Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy".

Deutsche Telekom Stock Performance

Shares of DTEGY stock traded down $1.12 during trading hours on Friday, reaching $37.74. The company had a trading volume of 255,194 shares, compared to its average volume of 918,942. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.08 and a current ratio of 1.15. The business has a fifty day moving average price of $36.39 and a 200-day moving average price of $33.99. Deutsche Telekom has a one year low of $23.28 and a one year high of $39.00. The firm has a market cap of $188.19 billion, a PE ratio of 14.40, a price-to-earnings-growth ratio of 1.35 and a beta of 0.63.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last posted its earnings results on Thursday, May 15th. The utilities provider reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.01. The business had revenue of $33.37 billion during the quarter, compared to the consensus estimate of $29.43 billion. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. Sell-side analysts predict that Deutsche Telekom will post 1.86 earnings per share for the current fiscal year.

Deutsche Telekom Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, April 21st. Stockholders of record on Friday, April 11th were paid a $0.9731 dividend. This is a positive change from Deutsche Telekom's previous dividend of $0.81. The ex-dividend date was Friday, April 11th. Deutsche Telekom's dividend payout ratio is 71.76%.

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.