Swisscom AG (OTCMKTS:SCMWY – Get Free Report) shares gapped up prior to trading on Thursday. The stock had previously closed at $75.99, but opened at $79.51. Swisscom shares last traded at $79.51, with a volume of 261 shares traded.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on SCMWY shares. Citigroup restated a “neutral” rating on shares of Swisscom in a research report on Monday, July 6th. Barclays reiterated an “underweight” rating on shares of Swisscom in a report on Tuesday, August 18th. Five investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Swisscom presently has a consensus rating of “Reduce”.
Check Out Our Latest Stock Analysis on SCMWY
Swisscom Trading Up 1.7%
The company has a market cap of $419.62 billion, a price-to-earnings ratio of 25.31, a PEG ratio of 1.96 and a beta of 0.28. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.77 and a current ratio of 0.62. The business’s 50 day moving average price is $78.46 and its 200-day moving average price is $80.52.
Swisscom (OTCMKTS:SCMWY – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. Swisscom had a return on equity of 11.31% and a net margin of 8.86%. The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, research analysts forecast that Swisscom AG will post 3.15 EPS for the current year.
Swisscom Company Profile
Swisscom AG is a Switzerland-based telecommunications and information technology company. It provides mobile and fixed-line communications, broadband internet, television, and related digital services to residential and business customers. Its offerings also include cloud computing, cybersecurity, IT infrastructure, data-center services, and communications solutions for enterprises and public-sector organizations.
Swisscom serves customers primarily in Switzerland and, through its Fastweb subsidiary, in Italy.
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