Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Consensus Recommendation of “Buy” from Analysts

Deutsche Telekom AG (OTCMKTS:DTEGY) has earned a consensus recommendation of “Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company.

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

Deutsche Telekom Trading Up 0.3%

Shares of DTEGY stock opened at $33.49 on Tuesday. The stock has a market cap of $164.27 billion, a price-to-earnings ratio of 12.05, a PEG ratio of 1.35 and a beta of 0.60. The company has a current ratio of 1.12, a quick ratio of 1.06 and a debt-to-equity ratio of 1.05. The stock has a 50-day moving average of $35.77 and a 200-day moving average of $36.22. Deutsche Telekom has a 1-year low of $28.72 and a 1-year high of $39.04.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its earnings results on Thursday, August 7th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. Deutsche Telekom had a return on equity of 10.14% and a net margin of 10.67%.The company had revenue of $33.33 billion for the quarter, compared to analyst estimates of $28.76 billion. On average, equities research analysts forecast that Deutsche Telekom will post 1.86 earnings per share for the current 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.