Deutsche Lufthansa (OTCMKTS:DLAKY) Stock Rating Lowered by Morgan Stanley

Deutsche Lufthansa (OTCMKTS:DLAKY) was downgraded by equities research analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research note issued to investors on Tuesday.

Several other equities analysts have also commented on the company. The Goldman Sachs Group lowered Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a report on Friday, March 20th. Barclays lowered Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Friday, May 8th. Finally, Zacks Research lowered Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce”.

Deutsche Lufthansa Stock Performance

Shares of OTCMKTS DLAKY opened at $9.18 on Tuesday. The stock’s 50 day moving average price is $8.99 and its two-hundred day moving average price is $9.59. Deutsche Lufthansa has a 52-week low of $7.37 and a 52-week high of $11.29. The stock has a market capitalization of $11.01 billion, a P/E ratio of 6.12, a PEG ratio of 1.05 and a beta of 0.92. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 1.03.

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

Hedge Funds Weigh In On Deutsche Lufthansa

An institutional investor recently bought a new position in Deutsche Lufthansa stock. Sterling Capital Management LLC acquired a new position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 24,628 shares of the transportation company’s stock, valued at approximately $204,000.

Deutsche Lufthansa Company Profile

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.