Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Recommendation of “Hold” from Analysts

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been assigned an average rating of “Hold” from the six ratings firms that are presently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages recently weighed in on DLAKY. Sanford C. Bernstein cut Deutsche Lufthansa from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 2nd. DZ Bank raised Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research note on Friday, August 1st. Finally, Barclays raised Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Monday, August 4th.

Hedge Funds Weigh In On Deutsche Lufthansa

A hedge fund recently raised its stake in Deutsche Lufthansa stock. GAMMA Investing LLC lifted its stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 892.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,270 shares of the transportation company’s stock after purchasing an additional 8,336 shares during the quarter. GAMMA Investing LLC’s holdings in Deutsche Lufthansa were worth $78,000 as of its most recent filing with the Securities & Exchange Commission.

Deutsche Lufthansa Price Performance

Shares of DLAKY opened at $8.58 on Thursday. The stock’s fifty day moving average is $8.99 and its 200-day moving average is $8.18. Deutsche Lufthansa has a one year low of $5.69 and a one year high of $9.72. The firm has a market capitalization of $10.28 billion, a price-to-earnings ratio of 5.14, a price-to-earnings-growth ratio of 1.28 and a beta of 1.11. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.72 and a current ratio of 0.80.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its earnings results on Thursday, July 31st. The transportation company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.45. Deutsche Lufthansa had a return on equity of 17.23% and a net margin of 4.76%.The business had revenue of $11.85 billion during the quarter, compared to analysts’ expectations of $11.81 billion. Equities analysts anticipate that Deutsche Lufthansa will post 0.87 EPS for the current year.

About Deutsche Lufthansa

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.