Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Consensus Rating of “Reduce” by Analysts

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has received an average rating of “Reduce” from the seven brokerages that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has issued a strong buy recommendation on the company.

Several analysts have issued reports on DLAKY shares. Citigroup cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Barclays lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Friday, May 8th. Zacks Research upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. Finally, Morgan Stanley downgraded shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, May 26th.

Institutional Trading of Deutsche Lufthansa

Several institutional investors have recently made changes to their positions in DLAKY. Sterling Capital Management LLC acquired a new position in Deutsche Lufthansa in the first quarter valued at approximately $204,000. GAMMA Investing LLC increased its stake in Deutsche Lufthansa by 52.1% during the second quarter. GAMMA Investing LLC now owns 13,943 shares of the transportation company’s stock worth $159,000 after acquiring an additional 4,779 shares during the last quarter. Finally, Fulton Bank N.A. purchased a new stake in Deutsche Lufthansa in the second quarter valued at $120,000.

Deutsche Lufthansa Trading Down 3.4%

DLAKY opened at $8.75 on Wednesday. The firm has a market capitalization of $10.52 billion, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of 0.56 and a beta of 0.97. The company’s 50 day simple moving average is $10.09 and its two-hundred day simple moving average is $9.70. Deutsche Lufthansa has a 1-year low of $7.91 and a 1-year high of $11.53. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.81 and a quick ratio of 0.73.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings results on Tuesday, August 4th. The transportation company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.21). Deutsche Lufthansa had a net margin of 1.63% and a return on equity of 5.79%. The company had revenue of $12.84 billion during the quarter, compared to analysts’ expectations of $12.76 billion. Analysts expect that Deutsche Lufthansa will post 1 EPS for the current fiscal year.

About Deutsche Lufthansa

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.