Deutsche Boerse (OTCMKTS:DBOEY) Hits New 1-Year High - What's Next?

Key Points

• Deutsche Boerse shares reached a new 52-week high of $35.50, last trading near $35.41, with the stock up from its prior close of $34.91.
• Analyst sentiment remains mixed: Oddo BHF downgraded the stock to “neutral,” while the broader consensus rating is “Hold” with two Buy, two Hold, and one Sell recommendation.
• The company exceeded quarterly expectations, reporting EPS of $0.38 versus $0.35 expected and revenue of $1.84 billion versus $1.79 billion forecast; its net margin was 34.07% and return on equity was 21.00%.

Shares of Deutsche Boerse AG (OTCMKTS:DBOEY - Get Free Report) hit a new 52-week high during trading on Friday. The company traded as high as $35.50 and last traded at $35.4080, with a volume of 11,224 shares trading hands. The stock had previously closed at $34.91.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DBOEY shares. Oddo Bhf lowered shares of Deutsche Boerse from an "outperform" rating to a "neutral" rating in a report on Monday. Royal Bank Of Canada reissued a "sector perform" rating on shares of Deutsche Boerse in a report on Monday, August 17th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold".

Deutsche Boerse Stock Performance

The business has a 50-day simple moving average of $33.13 and a two-hundred day simple moving average of $29.55. The stock has a market cap of $63.34 billion, a price-to-earnings ratio of 25.03, a P/E/G ratio of 2.15 and a beta of 0.43.

Deutsche Boerse (OTCMKTS:DBOEY - Get Free Report) last issued its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.03. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.79 billion. Deutsche Boerse had a net margin of 34.07% and a return on equity of 21.00%. On average, analysts expect that Deutsche Boerse AG will post 1.42 earnings per share for the current fiscal year.

About Deutsche Boerse

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing systems, settlement platforms, and other services supporting global capital markets. The company serves exchanges, banks, investment firms, asset managers, corporations, and other financial institutions.

Its businesses include the Frankfurt Stock Exchange and Xetra trading platforms for equities and other securities, Eurex for derivatives, and Clearstream for securities settlement, custody, and related post-trade services.

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