Swisscom AG (OTCMKTS:SCMWY) Receives Consensus Rating of “Reduce” from Analysts

Shares of Swisscom AG (OTCMKTS:SCMWY) have been assigned a consensus rating of “Reduce” from the seven research firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and five have issued a hold recommendation on the company.

A number of analysts have recently commented on SCMWY shares. New Street Research downgraded Swisscom from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Swisscom in a report on Thursday, April 23rd. BNP Paribas Exane downgraded Swisscom from an “outperform” rating to a “hold” rating in a report on Tuesday, April 14th. Finally, UBS Group downgraded Swisscom from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th.

Swisscom Trading Up 0.2%

SCMWY stock opened at $86.72 on Thursday. The company has a market cap of $449.20 billion, a price-to-earnings ratio of 29.00, a PEG ratio of 2.07 and a beta of 0.26. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.96. The business has a fifty day simple moving average of $86.96 and a 200-day simple moving average of $80.38. Swisscom has a 52 week low of $63.61 and a 52 week high of $94.63.

Swisscom (OTCMKTS:SCMWY) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.08). The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.67 billion. Swisscom had a return on equity of 10.56% and a net margin of 8.30%. On average, equities research analysts expect that Swisscom will post 3.25 EPS for the current year.

About Swisscom

Swisscom AG is Switzerland’s leading telecommunications provider, offering a broad range of consumer and business communications services. Its core activities include mobile and fixed-line telephony, broadband internet, and digital television for residential customers, together with comprehensive information and communications technology (ICT) solutions for corporate and public-sector clients. The company also develops and markets cloud computing, data center, IoT and cybersecurity services, and supplies wholesale network access to other operators and service providers.

Swisscom’s origins lie in the Swiss state telecommunications system; over time it evolved from a government monopoly into a partly privatized joint-stock company while remaining majority-owned by the Swiss Confederation.