Swisscom AG (OTCMKTS:SCMWY) Receives Average Rating of “Reduce” from Analysts

Shares of Swisscom AG (OTCMKTS:SCMWY) have received a consensus rating of “Reduce” from the eight ratings firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating and five have assigned a hold rating to the company.

A number of research firms have recently weighed in on SCMWY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Swisscom in a research note on Thursday, April 23rd. New Street Research lowered Swisscom from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 25th. UBS Group lowered Swisscom from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. BNP Paribas Exane lowered Swisscom from an “outperform” rating to a “hold” rating in a research note on Tuesday, April 14th. Finally, Morgan Stanley lowered Swisscom to an “underweight” rating in a research note on Thursday.

Swisscom Stock Performance

OTCMKTS:SCMWY opened at $83.02 on Monday. The firm has a market cap of $430.05 billion, a PE ratio of 27.77, a price-to-earnings-growth ratio of 2.02 and a beta of 0.26. Swisscom has a fifty-two week low of $68.01 and a fifty-two week high of $94.63. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.77 and a current ratio of 0.77. The business has a 50 day moving average price of $84.74 and a 200-day moving average price of $82.17.

Swisscom (OTCMKTS:SCMWY) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.08). The company had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.67 billion. Swisscom had a net margin of 8.30% and a return on equity of 10.63%. Equities research analysts predict that Swisscom will post 3.19 earnings per share for the current year.

Swisscom Company Profile

Swisscom AG is Switzerland’s leading telecommunications provider, offering a broad range of consumer and business communications services. Its core activities include mobile and fixed-line telephony, broadband internet, and digital television for residential customers, together with comprehensive information and communications technology (ICT) solutions for corporate and public-sector clients. The company also develops and markets cloud computing, data center, IoT and cybersecurity services, and supplies wholesale network access to other operators and service providers.

Swisscom’s origins lie in the Swiss state telecommunications system; over time it evolved from a government monopoly into a partly privatized joint-stock company while remaining majority-owned by the Swiss Confederation.