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

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has received a consensus rating of “Reduce” from the nine brokerages that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have recently issued reports on DLAKY. The Goldman Sachs Group downgraded shares of Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a report on Friday, March 20th. Zacks Research upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Morgan Stanley downgraded shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Tuesday, May 26th. Finally, Barclays downgraded shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Friday, May 8th.

Deutsche Lufthansa Stock Up 2.2%

Deutsche Lufthansa stock opened at $11.08 on Friday. The firm has a market cap of $13.29 billion, a price-to-earnings ratio of 7.39, a P/E/G ratio of 1.25 and a beta of 0.97. 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 has a fifty-two week low of $7.91 and a fifty-two week high of $11.29. The firm has a fifty day moving average price of $9.51 and a two-hundred day moving average price of $9.72.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its earnings results on Wednesday, May 6th. The transportation company reported ($0.64) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.35). The firm had revenue of $10.28 billion for the quarter, compared to analyst estimates of $10.29 billion. Deutsche Lufthansa had a return on equity of 13.46% and a net margin of 3.83%. As a group, analysts forecast that Deutsche Lufthansa will post 1.15 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Deutsche Lufthansa stock. Sterling Capital Management LLC bought a new stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,628 shares of the transportation company’s stock, valued at approximately $204,000.

Deutsche Lufthansa Company Profile

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.