Swisscom (OTCMKTS:SCMWY) Hits New 52-Week High - Time to Buy?

Key Points

• Swisscom's shares reached a new 52-week high at $75.00, with a recent trading volume of 943 shares.
• Analysts have mixed opinions, with Zacks Research downgrading the stock to a "strong sell" while BNP Paribas upgraded it to "outperform."
• For the most recent quarter, Swisscom reported an EPS of $0.61, missing estimates, and projected an earnings forecast of 3.47 EPS for the current fiscal year.

Swisscom AG (OTCMKTS:SCMWY - Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as $75.00 and last traded at $75.00, with a volume of 943 shares trading hands. The stock had previously closed at $74.33.

Wall Street Analyst Weigh In

SCMWY has been the topic of a number of research analyst reports. Zacks Research cut shares of Swisscom from a "hold" rating to a "strong sell" rating in a research note on Tuesday. BNP Paribas raised shares of Swisscom from a "hold" rating to an "outperform" rating in a report on Thursday, October 2nd. Kepler Capital Markets raised shares of Swisscom to a "strong sell" rating in a report on Tuesday, September 23rd. Finally, Berenberg Bank raised shares of Swisscom to a "hold" rating in a report on Thursday, June 26th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Swisscom has a consensus rating of "Reduce".

Swisscom Stock Up 0.9%

The stock's fifty day moving average price is $73.14 and its 200 day moving average price is $69.54. The stock has a market cap of $388.51 billion, a P/E ratio of 25.25 and a beta of 0.28. The company has a current ratio of 0.74, a quick ratio of 0.85 and a debt-to-equity ratio of 1.08.

Swisscom (OTCMKTS:SCMWY - Get Free Report) last released its earnings results on Thursday, August 7th. The utilities provider reported $0.61 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.27). Swisscom had a net margin of 9.29% and a return on equity of 10.05%. The business had revenue of $4.57 billion for the quarter, compared to the consensus estimate of $4.61 billion. As a group, research analysts forecast that Swisscom AG will post 3.47 earnings per share for the current fiscal year.

Swisscom Company Profile

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.

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