Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued on Friday.
Other equities analysts also recently issued reports about the stock. Morgan Stanley restated an "overweight" rating on shares of Deutsche Telekom in a research note on Wednesday, May 14th. Hsbc Global Res lowered Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and four have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy".
Read Our Latest Stock Analysis on Deutsche Telekom
Deutsche Telekom Price Performance
DTEGY stock opened at $38.87 on Friday. The stock has a market cap of $193.84 billion, a PE ratio of 14.84, a P/E/G ratio of 1.35 and a beta of 0.62. Deutsche Telekom has a 12 month low of $24.04 and a 12 month high of $39.04. The company has a 50-day moving average price of $36.63 and a 200 day moving average price of $34.35. The company has a current ratio of 1.15, a quick ratio of 1.08 and a debt-to-equity ratio of 1.04.
Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last released its 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 business had revenue of $33.37 billion during the quarter, compared to the consensus estimate of $29.43 billion. Deutsche Telekom had a return on equity of 7.65% and a net margin of 5.36%. Equities research analysts anticipate that Deutsche Telekom will post 1.86 earnings per share for the current year.
Deutsche Telekom Company Profile
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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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