Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Consensus Rating of “Hold” by Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have earned a consensus recommendation of “Hold” from the six analysts that are currently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have recently issued reports on DLAKY. Sanford C. Bernstein lowered shares of Deutsche Lufthansa from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 2nd. DZ Bank upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research note on Friday, August 1st. Finally, Barclays upgraded shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Monday, August 4th.

Institutional Trading of Deutsche Lufthansa

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC raised its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 11,248.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 6,809 shares of the transportation company’s stock after acquiring an additional 6,749 shares during the period. GAMMA Investing LLC’s holdings in Deutsche Lufthansa were worth $50,000 at the end of the most recent reporting period.

Deutsche Lufthansa Stock Up 0.4%

Deutsche Lufthansa stock opened at $9.04 on Thursday. The company has a market capitalization of $10.83 billion, a P/E ratio of 5.41, a PEG ratio of 1.37 and a beta of 1.17. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.72 and a current ratio of 0.80. Deutsche Lufthansa has a fifty-two week low of $5.69 and a fifty-two week high of $9.72. The stock has a 50-day simple moving average of $9.00 and a 200-day simple moving average of $8.17.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.45. Deutsche Lufthansa had a return on equity of 17.23% and a net margin of 4.76%.The firm had revenue of $11.85 billion for the quarter, compared to the consensus estimate of $11.81 billion. Equities research analysts expect that Deutsche Lufthansa will post 0.87 earnings per share for the current year.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.