Zacks Research Downgrades Deutsche Telekom (OTCMKTS:DTEGY) to Hold

Deutsche Telekom (OTCMKTS:DTEGY) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday, Zacks reports.

A number of other equities analysts also recently weighed in on DTEGY. Erste Group Bank downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Citigroup reissued a “buy” rating on shares of Deutsche Telekom in a research report on Monday, July 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Finally, Kepler Capital Markets lowered Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Thursday, August 27th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Deutsche Telekom Stock Down 0.5%

OTCMKTS:DTEGY opened at $32.72 on Monday. The firm’s 50-day moving average price is $31.72 and its 200-day moving average price is $33.53. The company has a market capitalization of $156.49 billion, a PE ratio of 15.81, a P/E/G ratio of 0.73 and a beta of 0.34. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.18 and a quick ratio of 1.10. Deutsche Telekom has a 1-year low of $26.90 and a 1-year high of $40.58.

Deutsche Telekom (OTCMKTS:DTEGY) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. Deutsche Telekom had a net margin of 7.18% and a return on equity of 11.11%. The company had revenue of $34.53 billion during the quarter, compared to analysts’ expectations of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. On average, equities analysts predict that Deutsche Telekom will post 2.64 EPS for the current fiscal year.

About Deutsche Telekom

Deutsche Telekom AG is a telecommunications company headquartered in Bonn, Germany. The company provides mobile and fixed-line communications, broadband internet, digital television, and related technology services to consumers and businesses. Its consumer brands include Telekom in Germany and several European markets, while its U.S. operations are conducted through T-Mobile US.

Deutsche Telekom serves customers primarily in Germany, the United States, and other European countries. Its business activities include operating mobile and broadband networks, offering voice and data services, and providing communications, information technology, and cloud solutions to corporate and public-sector customers through its T-Systems division.

The company was established in 1995 following the privatization and restructuring of Germany’s former state-owned postal and telecommunications authority, Deutsche Bundespost.