Shares of Swisscom AG (OTCMKTS:SCMWY - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $72.27 and last traded at $71.93, with a volume of 16802 shares traded. The stock had previously closed at $69.73.
Analysts Set New Price Targets
A number of analysts recently commented on the company. Berenberg Bank upgraded Swisscom to a "hold" rating in a research report on Thursday, June 26th. BNP Paribas cut Swisscom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 10th.
Read Our Latest Analysis on SCMWY
Swisscom Trading Up 0.1%
The company has a market capitalization of $372.19 billion, a price-to-earnings ratio of 22.67 and a beta of 0.30. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a fifty day moving average price of $70.17 and a 200-day moving average price of $64.26.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The utilities provider reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.13). Swisscom had a return on equity of 11.08% and a net margin of 11.06%. The business had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.19 billion. As a group, equities analysts anticipate that Swisscom AG will post 3.47 EPS for the current year.
About Swisscom
(
Get Free Report)
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.
Further Reading
Before you consider Swisscom, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Swisscom wasn't on the list.
While Swisscom currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.