Deutsche Telekom (OTCMKTS:DTEGY) Downgraded to Hold Rating by Zacks Research

Deutsche Telekom (OTCMKTS:DTEGY) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.

Other equities research analysts also recently issued reports about the company. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a report on Monday, July 13th. Kepler Capital Markets cut Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday, August 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Finally, Erste Group Bank downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Deutsche Telekom Stock Down 0.5%

OTCMKTS:DTEGY opened at $32.72 on Monday. The company has a market capitalization of $156.49 billion, a price-to-earnings ratio of 15.81, a price-to-earnings-growth ratio of 0.73 and a beta of 0.34. Deutsche Telekom has a one year low of $26.90 and a one year high of $40.58. The stock has a 50-day simple moving average of $31.72 and a 200 day simple moving average of $33.53. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.10 and a current ratio of 1.18.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.01. Deutsche Telekom had a return on equity of 11.11% and a net margin of 7.18%.The firm had revenue of $34.53 billion during the quarter, compared to analyst estimates of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. Sell-side analysts predict that Deutsche Telekom will post 2.64 EPS for the current fiscal year.

About Deutsche Telekom

Deutsche Telekom AG is a telecommunications company headquartered in Bonn, Germany. The company provides mobile and fixed-line communications, broadband internet, digital television, and related technology services to consumers and businesses. Its consumer brands include Telekom in Germany and several European markets, while its U.S. operations are conducted through T-Mobile US.

Deutsche Telekom serves customers primarily in Germany, the United States, and other European countries. Its business activities include operating mobile and broadband networks, offering voice and data services, and providing communications, information technology, and cloud solutions to corporate and public-sector customers through its T-Systems division.

The company was established in 1995 following the privatization and restructuring of Germany’s former state-owned postal and telecommunications authority, Deutsche Bundespost.