Deutsche Telekom (OTCMKTS:DTEGY) Shares Gap Down Following Analyst Downgrade

Key Points

• Deutsche Telekom shares fell after Kepler Capital Markets downgraded the stock from “buy” to “hold.” Shares opened at $32.56 versus a prior close of $33.75 and last traded near $32.58.
• Analyst sentiment remains generally positive, with the stock carrying a “Moderate Buy” consensus from one Strong Buy, two Buy and two Hold ratings.
• The company recently exceeded quarterly expectations, reporting $0.67 in EPS versus a $0.66 estimate and revenue of $34.53 billion versus $34.43 billion expected.

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) gapped down prior to trading on Thursday after Kepler Capital Markets downgraded the stock from a buy rating to a hold rating. The stock had previously closed at $33.75, but opened at $32.56. Deutsche Telekom shares last traded at $32.58, with a volume of 12,598 shares.

A number of other research analysts have also weighed in on DTEGY. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Deutsche Telekom in a report on Tuesday, July 21st. Erste Group Bank lowered shares of Deutsche Telekom from a "buy" rating to a "hold" rating in a research report on Friday, June 5th. Zacks Research raised shares of Deutsche Telekom from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. Finally, Citigroup reaffirmed a "buy" rating on shares of Deutsche Telekom in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy".

Deutsche Telekom Stock Performance

The stock has a market cap of $160.57 billion, a PE ratio of 15.81, a PEG ratio of 0.76 and a beta of 0.33. The company's 50-day moving average price is $31.10 and its two-hundred day moving average price is $33.81. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.10 and a current ratio of 1.18.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last issued its earnings results on Thursday, August 6th. The utilities provider reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.01. Deutsche Telekom had a net margin of 7.18% and a return on equity of 11.11%. The company had revenue of $34.53 billion for the quarter, compared to analysts' expectations of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. On average, equities research analysts forecast that Deutsche Telekom AG will post 2.63 EPS for the current year.

Deutsche Telekom Company Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.

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