Deutsche Telekom (OTCMKTS:DTEGY) Hits New 1-Year High - Still a Buy?

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The company traded as high as $39.00 and last traded at $38.86, with a volume of 259136 shares changing hands. The stock had previously closed at $38.38.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DTEGY. Morgan Stanley restated an "overweight" rating on shares of Deutsche Telekom in a report on Wednesday, May 14th. Hsbc Global Res cut Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Finally, Wall Street Zen raised Deutsche Telekom from a "hold" rating to a "buy" rating in a research report on Saturday. One investment analyst has rated the stock with a hold rating, two have given a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy".

Deutsche Telekom Stock Performance

The firm has a market cap of $188.96 billion, a price-to-earnings ratio of 14.46, a P/E/G ratio of 1.35 and a beta of 0.63. The company has a quick ratio of 1.08, a current ratio of 1.15 and a debt-to-equity ratio of 1.04. The business's 50-day simple moving average is $36.49 and its two-hundred day simple moving average is $34.16.

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 for the quarter, topping the consensus estimate of $0.52 by $0.01. The firm 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%. As a group, sell-side analysts expect that Deutsche Telekom AG will post 1.86 earnings per share for the current fiscal year.

Deutsche Telekom Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, April 21st. Shareholders of record on Friday, April 11th were issued a $0.9731 dividend. This is an increase from Deutsche Telekom's previous dividend of $0.81. The ex-dividend date was Friday, April 11th. Deutsche Telekom's dividend payout ratio is presently 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.