Deutsche Lufthansa (DLAKY) Expected to Announce Earnings on Thursday

Deutsche Lufthansa (OTCMKTS:DLAKY) is expected to be announcing its results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of $0.26 per share for the quarter.

Deutsche Lufthansa Stock Performance

OTCMKTS DLAKY opened at $10.82 on Thursday. The firm’s fifty day moving average price is $10.31 and its two-hundred day moving average price is $9.45. The stock has a market cap of $12.97 billion, a PE ratio of 6.72, a PEG ratio of 0.73 and a beta of 0.87. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.77 and a current ratio of 0.85. Deutsche Lufthansa has a fifty-two week low of $6.21 and a fifty-two week high of $11.29.

Analyst Upgrades and Downgrades

DLAKY has been the subject of a number of recent research reports. Barclays cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Wednesday, January 14th. Kepler Capital Markets raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. JPMorgan Chase & Co. upgraded shares of Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a report on Monday, December 1st. Morgan Stanley upgraded shares of Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a research report on Wednesday, January 7th. Finally, Zacks Research cut shares of Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

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.