Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Rating of “Reduce” from Analysts

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has earned an average rating of “Reduce” from the nine brokerages that are covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating on the company.

Several research analysts have recently weighed in on DLAKY shares. Barclays cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Friday, May 8th. The Goldman Sachs Group cut Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a research report on Friday, March 20th. Morgan Stanley cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Tuesday. Finally, Zacks Research cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 14th.

Deutsche Lufthansa Stock Up 2.8%

Shares of Deutsche Lufthansa stock opened at $10.00 on Monday. Deutsche Lufthansa has a 1 year low of $7.72 and a 1 year high of $11.29. The business has a 50-day moving average of $9.06 and a two-hundred day moving average of $9.61. The company has a market capitalization of $11.99 billion, a P/E ratio of 6.67, a price-to-earnings-growth ratio of 1.12 and a beta of 0.92. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.81 and a quick ratio of 0.73.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its quarterly earnings results on Wednesday, May 6th. The transportation company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.35). The business had revenue of $10.28 billion during the quarter, compared to the consensus estimate of $10.29 billion. Deutsche Lufthansa had a return on equity of 13.91% and a net margin of 3.83%. As a group, equities analysts predict that Deutsche Lufthansa will post 1.15 EPS for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Deutsche Lufthansa stock. Sterling Capital Management LLC acquired a new position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,628 shares of the transportation company’s stock, valued at approximately $204,000.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.