Deutsche Telekom (OTCMKTS:DTEGY) Lowered to "Hold" Rating by Wall Street Zen

Wall Street Zen cut shares of Deutsche Telekom (OTCMKTS:DTEGY - Free Report) from a buy rating to a hold rating in a research note published on Saturday.

DTEGY has been the subject of several other research reports. Morgan Stanley restated an "overweight" rating on shares of Deutsche Telekom in a report on Wednesday, May 14th. Hsbc Global Res downgraded shares of Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Two 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 MarketBeat.com, the stock currently has a consensus rating of "Buy".

Deutsche Telekom Trading Down 0.2%

Deutsche Telekom stock traded down $0.07 during mid-day trading on Friday, hitting $37.67. 231,963 shares of the stock were exchanged, compared to its average volume of 912,071. The company has a quick ratio of 1.08, a current ratio of 1.15 and a debt-to-equity ratio of 1.04. Deutsche Telekom has a 12 month low of $23.28 and a 12 month high of $39.00. The firm's fifty day simple moving average is $36.42 and its two-hundred day simple moving average is $34.02. The stock has a market capitalization of $187.84 billion, a price-to-earnings ratio of 14.38, a PEG ratio of 1.35 and a beta of 0.63.

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 (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.01. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. The firm had revenue of $33.37 billion during the quarter, compared to analyst estimates of $29.43 billion. Analysts forecast that Deutsche Telekom will post 1.86 EPS for the current year.

Deutsche Telekom Increases Dividend

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

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.