Deutsche Lufthansa AG (OTCMKTS:DLAKY) Stock Rated “Reduce” by Wall Street Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have received an average recommendation of “Reduce” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a strong buy rating on the company.

A number of research analysts have recently commented on the stock. Citigroup lowered shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Zacks Research lowered Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 1st.

Deutsche Lufthansa Trading Up 0.2%

Shares of Deutsche Lufthansa stock opened at $8.64 on Friday. The company’s fifty day simple moving average is $9.25 and its 200-day simple moving average is $9.49. The company has a market cap of $10.39 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 0.57 and a beta of 0.97. The company has a current ratio of 0.86, a quick ratio of 0.78 and a debt-to-equity ratio of 1.02. Deutsche Lufthansa has a 1 year low of $7.91 and a 1 year high of $11.53.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its earnings results on Tuesday, August 4th. The transportation company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.21). Deutsche Lufthansa had a return on equity of 5.74% and a net margin of 1.63%.The company had revenue of $12.84 billion for the quarter, compared to the consensus estimate of $12.76 billion. As a group, sell-side analysts expect that Deutsche Lufthansa will post 0.97 EPS for the current year.

Institutional Trading of Deutsche Lufthansa

Institutional investors and hedge funds have recently modified their holdings of the company. GAMMA Investing LLC raised its stake in shares of Deutsche Lufthansa by 52.1% in the second quarter. GAMMA Investing LLC now owns 13,943 shares of the transportation company’s stock valued at $159,000 after purchasing an additional 4,779 shares in the last quarter. Fulton Bank N.A. acquired a new stake in Deutsche Lufthansa during the second quarter worth $120,000. Finally, Sterling Capital Management LLC acquired a new stake in Deutsche Lufthansa during the first quarter worth $204,000.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG is a German aviation and transportation company that operates through the Lufthansa Group. Its principal business is the operation of passenger airlines serving domestic, European and international markets, with major hubs in Frankfurt and Munich and additional hubs across Europe.

The group’s airline portfolio includes Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Discover Airlines. It also provides air cargo services through Lufthansa Cargo, aircraft maintenance, repair and overhaul services through Lufthansa Technik, and travel-related loyalty and service offerings through businesses including Miles & More.

Deutsche Lufthansa was established in 1953, with flight operations beginning in 1955, following the postwar re-establishment of Germany’s national airline.