Koninklijke KPN (OTCMKTS:KKPNF) Stock Rating Upgraded by Zacks Research

Koninklijke KPN (OTCMKTS:KKPNF) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Koninklijke KPN Stock Performance

OTCMKTS KKPNF opened at $4.57 on Tuesday. The business’s 50-day moving average price is $4.61 and its 200 day moving average price is $4.70. The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.82. Koninklijke KPN has a twelve month low of $3.49 and a twelve month high of $5.10. The company has a market capitalization of $17.79 billion, a PE ratio of 20.79 and a beta of 0.30.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The company had revenue of $3.43 billion for the quarter, compared to analyst estimates of $1.46 billion. Koninklijke KPN had a net margin of 14.37% and a return on equity of 23.72%. On average, research analysts predict that Koninklijke KPN will post 0.26 earnings per share for the current year.

About Koninklijke KPN

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.