Deutsche Telekom (OTCMKTS:DTEGY) Shares Gap Down – Here’s What Happened

Deutsche Telekom AG (OTCMKTS:DTEGY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $32.95, but opened at $31.79. Deutsche Telekom shares last traded at $32.04, with a volume of 20,204 shares traded.

Analysts Set New Price Targets

Several research analysts recently issued reports on DTEGY shares. Zacks Research upgraded shares of Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Wall Street Zen lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday, March 12th. Erste Group Bank lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Citigroup restated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, April 20th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Deutsche Telekom has a consensus rating of “Hold”.

Deutsche Telekom Stock Performance

The firm has a market capitalization of $158.34 billion, a P/E ratio of 15.44, a price-to-earnings-growth ratio of 0.80 and a beta of 0.31. The company has a current ratio of 1.12, a quick ratio of 1.04 and a debt-to-equity ratio of 1.07. The business’s 50 day simple moving average is $33.67 and its two-hundred day simple moving average is $34.26.

Deutsche Telekom (OTCMKTS:DTEGY) last released its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.45). The firm had revenue of $34.97 billion for the quarter, compared to the consensus estimate of $33.14 billion. Deutsche Telekom had a net margin of 7.38% and a return on equity of 10.94%. Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. Sell-side analysts anticipate that Deutsche Telekom AG will post 2.58 EPS for the current fiscal year.

About Deutsche Telekom

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.