Swisscom (OTCMKTS:SCMWY) Sets New 52-Week High - Should You Buy?

Key Points

• Swisscom AG's stock has reached a new 52-week high of $74.99, subsequently trading at $74.43, reflecting significant market interest with a volume of 7,710 shares traded.
• Recent analyst ratings are mixed, with a consensus rating of "Hold", and upgrades from Berenberg Bank and BNP Paribas suggesting cautious optimism.
• Swisscom reported an EPS of $0.61 in its latest earnings, falling short of the expected $0.88, alongside a revenue of $4.57 billion, below the anticipated $4.61 billion.

Swisscom AG (OTCMKTS:SCMWY - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $74.99 and last traded at $74.43, with a volume of 7710 shares. The stock had previously closed at $73.90.

Analyst Upgrades and Downgrades

SCMWY has been the subject of several research reports. Berenberg Bank upgraded shares of Swisscom to a "hold" rating in a research note on Thursday, June 26th. Kepler Capital Markets upgraded shares of Swisscom to a "strong sell" rating in a research note on Tuesday, September 23rd. Zacks Research upgraded shares of Swisscom to a "hold" rating in a research note on Tuesday, August 12th. Finally, BNP Paribas upgraded shares of Swisscom from a "hold" rating to an "outperform" rating in a research note on Thursday, October 2nd. One research analyst has 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 MarketBeat.com, Swisscom currently has a consensus rating of "Hold".

Swisscom Stock Performance

The business's 50-day simple moving average is $72.73 and its two-hundred day simple moving average is $68.90. The firm has a market cap of $384.78 billion, a price-to-earnings ratio of 25.01 and a beta of 0.28. The company has a quick ratio of 0.85, a current ratio of 0.74 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 analysts' consensus estimates of $0.88 by ($0.27). The company had revenue of $4.57 billion for the quarter, compared to analysts' expectations of $4.61 billion. Swisscom had a return on equity of 10.05% and a net margin of 9.29%. As a group, sell-side analysts expect 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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