Deutsche Telekom (OTCMKTS:DTEGY) Cut to Hold at Kepler Capital Markets

Kepler Capital Markets downgraded shares of Deutsche Telekom (OTCMKTS:DTEGY) from a buy rating to a hold rating in a research note published on Thursday, MarketBeat.com reports.

A number of other equities analysts also recently commented on DTEGY. Erste Group Bank downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Citigroup restated a “buy” rating on shares of Deutsche Telekom in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Deutsche Telekom in a research report on Tuesday, July 21st. Finally, Zacks Research upgraded shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Deutsche Telekom Stock Up 1.1%

Deutsche Telekom stock opened at $33.17 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.18 and a debt-to-equity ratio of 1.11. The firm has a market cap of $162.71 billion, a P/E ratio of 16.02, a P/E/G ratio of 0.73 and a beta of 0.33. The business has a fifty day moving average of $31.19 and a two-hundred day moving average of $33.78. Deutsche Telekom has a twelve month low of $26.90 and a twelve month high of $40.58.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. Deutsche Telekom had a return on equity of 11.11% and a net margin of 7.18%.The business had revenue of $34.53 billion for the quarter, compared to the consensus estimate of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. On average, analysts forecast that Deutsche Telekom will post 2.64 earnings per share 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.