Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Rating of “Reduce” from Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been assigned an average recommendation of “Reduce” from the seven analysts that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has issued a strong buy recommendation on the company.

A number of research firms have weighed in on DLAKY. Zacks Research raised Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Citigroup downgraded Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Morgan Stanley lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 26th. Finally, Barclays cut shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Friday, May 8th.

Deutsche Lufthansa Stock Performance

Shares of DLAKY stock opened at $9.40 on Friday. The company has a 50 day moving average price of $10.30 and a 200-day moving average price of $9.83. Deutsche Lufthansa has a 52 week low of $7.91 and a 52 week high of $11.53. The firm has a market capitalization of $11.30 billion, a PE ratio of 14.03, a P/E/G ratio of 0.59 and a beta of 0.96. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.94.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its earnings results on Tuesday, August 4th. The transportation company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.21). The company had revenue of $12.84 billion during the quarter, compared to the consensus estimate of $12.76 billion. Deutsche Lufthansa had a return on equity of 5.79% and a net margin of 1.63%. As a group, equities research analysts expect that Deutsche Lufthansa will post 1 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Fulton Bank N.A. purchased a new stake in shares of Deutsche Lufthansa in the 2nd quarter worth $120,000. GAMMA Investing LLC lifted its position in Deutsche Lufthansa by 52.1% during the second quarter. GAMMA Investing LLC now owns 13,943 shares of the transportation company’s stock valued at $159,000 after purchasing an additional 4,779 shares in the last quarter. Finally, Sterling Capital Management LLC purchased a new position in Deutsche Lufthansa during the first quarter valued at $204,000.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.