Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Down 64.9% in April

Deutsche Telekom AG (OTCMKTS:DTEGY) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 84,692 shares, a drop of 64.9% from the April 15th total of 241,052 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,305,362 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on DTEGY shares. Citigroup reaffirmed a “buy” rating on shares of Deutsche Telekom in a research report on Monday, April 20th. Zacks Research raised Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Erste Group Bank raised Deutsche Telekom from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen lowered Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Deutsche Telekom Stock Down 0.6%

Deutsche Telekom stock traded down $0.19 during midday trading on Friday, reaching $32.08. The stock had a trading volume of 703,268 shares, compared to its average volume of 626,252. The firm’s fifty day simple moving average is $35.16 and its 200-day simple moving average is $34.02. Deutsche Telekom has a 1-year low of $30.31 and a 1-year high of $40.58. The stock has a market capitalization of $157.36 billion, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 0.81 and a beta of 0.30. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.04 and a current ratio of 1.12.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its earnings results 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). Deutsche Telekom had a net margin of 7.38% and a return on equity of 10.94%. The firm had revenue of $34.97 billion during the quarter, compared to analyst estimates of $33.14 billion. Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. As a group, analysts expect that Deutsche Telekom will post 2.56 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.