Swisscom (OTCMKTS:SCMWY) Reaches New 12-Month High - Still a Buy?

Key Points

• Swisscom AG shares hit a new 52-week high at $72.27, with recent trading around $71.93 and a volume of 16,802 shares.
• Analysts have mixed sentiments, with Berenberg Bank upgrading the stock to a "hold", while BNP Paribas downgraded it from "strong-buy" to "hold".
• Swisscom reported $0.79 EPS for the last quarter, falling short of estimates, despite generating revenues of $4.58 billion, which exceeded expectations.

Swisscom AG (OTCMKTS:SCMWY - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $72.27 and last traded at $71.93, with a volume of 16802 shares changing hands. The stock had previously closed at $69.73.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SCMWY. Berenberg Bank upgraded shares of Swisscom to a "hold" rating in a research report on Thursday, June 26th. BNP Paribas lowered shares of Swisscom from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 10th.

Swisscom Trading Up 3.2%

The company has a market cap of $372.61 billion, a P/E ratio of 22.69 and a beta of 0.30. The stock's 50 day moving average is $69.91 and its 200-day moving average is $63.93. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.99.

Swisscom (OTCMKTS:SCMWY - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.92 by ($0.13). The firm had revenue of $4.58 billion during the quarter, compared to the consensus estimate of $4.19 billion. Swisscom had a return on equity of 11.08% and a net margin of 11.06%. Research analysts anticipate 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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