Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Average Rating of “Strong Buy” from Analysts

Deutsche Telekom AG (OTCMKTS:DTEGY) has earned an average recommendation of “Strong Buy” from the six brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating, one has assigned a buy rating and four have assigned a strong buy rating to the company.

A number of brokerages have recently weighed in on DTEGY. Hsbc Global Res cut Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Telekom in a research report on Wednesday, May 14th.

Deutsche Telekom Stock Performance

Deutsche Telekom stock opened at $38.08 on Wednesday. The firm has a market capitalization of $189.88 billion, a P/E ratio of 14.53, a PEG ratio of 1.35 and a beta of 0.63. The stock has a fifty day moving average price of $36.20 and a 200 day moving average price of $33.72. Deutsche Telekom has a 52 week low of $23.28 and a 52 week high of $38.21. The company has a current ratio of 1.15, a quick ratio of 1.08 and a debt-to-equity ratio of 1.04.

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

Deutsche Telekom Increases Dividend

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

About Deutsche Telekom

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.