Deutsche Telekom (OTCMKTS:DTEGY) Trading Up 0.4% - Should You Buy?

Key Points

• Deutsche Telekom's stock rose by 0.4% to $34.17, with a significant drop in trading volume, falling to about 249,507 shares compared to an average of 789,639 shares.
• Recent analyst ratings were mixed, with Wall Street Zen and Zacks Research lowering their outlook from "buy" to "hold," although the average analyst rating remains "buy."
• In its latest earnings report, Deutsche Telekom reported an EPS of $0.58, surpassing expectations, and generated revenue of $33.33 billion, significantly above the anticipated $28.76 billion.

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report)'s stock price was up 0.4% during trading on Tuesday . The stock traded as high as $34.36 and last traded at $34.17. Approximately 249,507 shares were traded during trading, a decline of 68% from the average daily volume of 789,639 shares. The stock had previously closed at $34.02.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on DTEGY shares. Wall Street Zen cut shares of Deutsche Telekom from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Zacks Research cut shares of Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy".

Deutsche Telekom Price Performance

The company has a market cap of $167.61 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 1.37 and a beta of 0.57. The company has a quick ratio of 1.06, a current ratio of 1.12 and a debt-to-equity ratio of 1.05. The company's fifty day moving average price is $35.22 and its two-hundred day moving average price is $36.03.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The utilities provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.01. The company had revenue of $33.33 billion during the quarter, compared to analysts' expectations of $28.76 billion. Deutsche Telekom had a net margin of 10.67% and a return on equity of 10.14%. On average, equities research analysts forecast that Deutsche Telekom AG will post 1.86 EPS for the current fiscal year.

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.

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