Deutsche Telekom (OTCMKTS:DTEGY – Get Free Report) announced its quarterly earnings data on Thursday. The utilities provider reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.02, Zacks reports. Deutsche Telekom had a net margin of 10.15% and a return on equity of 10.54%.
Deutsche Telekom Stock Performance
DTEGY stock traded down $0.75 during midday trading on Thursday, hitting $38.82. 351,443 shares of the company traded hands, compared to its average volume of 422,721. Deutsche Telekom has a twelve month low of $30.31 and a twelve month high of $39.81. The stock has a market capitalization of $190.44 billion, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 1.44 and a beta of 0.43. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 1.04. The business has a 50 day simple moving average of $34.17 and a 200-day simple moving average of $33.87.
Wall Street Analysts Forecast Growth
Separately, Erste Group Bank raised shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
Deutsche Telekom Company Profile
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.
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