Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have been assigned an average rating of “Moderate Buy” from the four research firms that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research firms have recently commented on DTEGY. Zacks Research cut Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 14th. Wall Street Zen downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th.

Deutsche Telekom Price Performance

Shares of OTCMKTS DTEGY opened at $31.21 on Wednesday. The company has a 50 day simple moving average of $33.38 and a two-hundred day simple moving average of $35.41. Deutsche Telekom has a fifty-two week low of $29.30 and a fifty-two week high of $39.04. The company has a market capitalization of $153.07 billion, a price-to-earnings ratio of 11.22, a P/E/G ratio of 1.50 and a beta of 0.54. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.06 and a current ratio of 1.12.

Deutsche Telekom (OTCMKTS:DTEGY) last issued its quarterly earnings results on Thursday, November 13th. The utilities provider reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.06. Deutsche Telekom had a return on equity of 10.14% and a net margin of 10.67%.The firm had revenue of $33.55 billion for the quarter, compared to analysts’ expectations of $33.65 billion. Analysts expect that Deutsche Telekom will post 1.86 EPS for the current fiscal year.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.