Deutsche Telekom (OTCMKTS:DTEGY) Shares Gap Down – Here’s What Happened

Deutsche Telekom AG (OTCMKTS:DTEGY) gapped down before the market opened on Thursday . The stock had previously closed at $32.95, but opened at $31.79. Deutsche Telekom shares last traded at $32.04, with a volume of 20,204 shares trading hands.

Analysts Set New Price Targets

DTEGY has been the topic of a number of recent analyst reports. Erste Group Bank downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Wall Street Zen downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Thursday, March 12th. Citigroup reaffirmed a “buy” rating on shares of Deutsche Telekom in a report on Monday, April 20th. Finally, Zacks Research raised shares of Deutsche Telekom from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Deutsche Telekom Stock Performance

The company has a quick ratio of 1.04, a current ratio of 1.12 and a debt-to-equity ratio of 1.07. The company has a market cap of $158.34 billion, a PE ratio of 15.44, a P/E/G ratio of 0.80 and a beta of 0.31. The business’s fifty day moving average is $33.67 and its 200-day moving average is $34.26.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.45). The business had revenue of $34.97 billion during the quarter, compared to analysts’ expectations of $33.14 billion. Deutsche Telekom had a return on equity of 10.94% and a net margin of 7.38%.Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. As a group, research analysts predict that Deutsche Telekom AG will post 2.58 EPS for the current fiscal year.

Deutsche Telekom Company Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.