Deutsche Telekom (OTCMKTS:DTEGY) Shares Gap Up – Still a Buy?

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) gapped up prior to trading on Monday . The stock had previously closed at $30.83, but opened at $32.30. Deutsche Telekom shares last traded at $32.45, with a volume of 51,377 shares.

Analysts Set New Price Targets

Several research firms have recently weighed in on DTEGY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Deutsche Telekom in a research report on Tuesday, July 21st. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a report on Monday, July 13th. Zacks Research upgraded Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Finally, Erste Group Bank downgraded Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Deutsche Telekom Stock Performance

The company has a market cap of $158.49 billion, a P/E ratio of 15.46, a price-to-earnings-growth ratio of 0.75 and a beta of 0.34. The company’s fifty day moving average is $30.99 and its 200 day moving average is $33.76. The company has a current ratio of 1.18, a quick ratio of 1.10 and a debt-to-equity ratio of 1.11.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings results on Wednesday, May 13th. The utilities provider reported $0.62 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.45). Deutsche Telekom had a return on equity of 10.86% and a net margin of 7.38%.The business had revenue of $34.97 billion during the quarter, compared to the consensus estimate of $33.14 billion. Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. As a group, equities analysts predict that Deutsche Telekom AG will post 2.58 earnings per share for the current fiscal year.

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.