Deutsche Telekom (OTCMKTS:DTEGY) Stock Rating Upgraded by Wall Street Zen

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

DTEGY has been the topic of a number of other reports. Hsbc Global Res downgraded Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Morgan Stanley restated an "overweight" rating on shares of Deutsche Telekom in a research note on Wednesday, May 14th. One analyst has rated the stock with a hold rating, two have issued a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Buy".

Deutsche Telekom Stock Up 0.4%

DTEGY traded up $0.16 on Friday, hitting $38.01. The company had a trading volume of 303,178 shares, compared to its average volume of 899,616. The stock has a market capitalization of $189.55 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 1.35 and a beta of 0.63. 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 stock has a fifty day moving average price of $36.49 and a 200-day moving average price of $34.19. Deutsche Telekom has a 12-month low of $23.89 and a 12-month high of $39.00.

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, beating analysts' consensus estimates of $0.52 by $0.01. The business had revenue of $33.37 billion for the quarter, compared to analysts' expectations of $29.43 billion. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. Analysts predict that Deutsche Telekom will post 1.86 EPS for the current fiscal year.

Deutsche Telekom Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 21st. Shareholders of record on Friday, April 11th were given a dividend of $0.9731 per share. This is an increase from Deutsche Telekom's previous dividend of $0.81. The ex-dividend date of this dividend was Friday, April 11th. Deutsche Telekom's dividend payout ratio (DPR) is currently 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.