Deutsche Telekom AG (OTCMKTS:DTEGY) Given Consensus Rating of “Strong Buy” by Brokerages

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have been given a consensus rating of “Strong Buy” by the six brokerages that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and four have issued a strong buy rating on the company.

Several analysts have recently commented on DTEGY shares. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Telekom in a research report on Wednesday, May 14th. Hsbc Global Res lowered shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Finally, Wall Street Zen upgraded shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a research report on Friday, June 6th.

Deutsche Telekom Trading Down 1.6%

Shares of Deutsche Telekom stock opened at $35.44 on Friday. Deutsche Telekom has a 12-month low of $24.04 and a 12-month high of $39.04. The company has a current ratio of 1.15, a quick ratio of 1.08 and a debt-to-equity ratio of 1.04. The stock has a market cap of $176.72 billion, a PE ratio of 13.53, a price-to-earnings-growth ratio of 1.35 and a beta of 0.62. The company has a 50-day moving average of $36.77 and a two-hundred day moving average of $34.64.

Deutsche Telekom (OTCMKTS:DTEGY) last issued its earnings results on Thursday, May 15th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. The company had revenue of $33.37 billion during the quarter, compared to analysts’ expectations of $29.43 billion. On average, research analysts anticipate that Deutsche Telekom will post 1.86 EPS for the current fiscal year.

Deutsche Telekom Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, April 21st. Stockholders of record on Friday, April 11th were given a $0.9731 dividend. The ex-dividend date of this dividend was Friday, April 11th. This is a positive change from Deutsche Telekom’s previous dividend of $0.81. Deutsche Telekom’s dividend payout ratio is currently 71.76%.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.