Deutsche Lufthansa (OTCMKTS:DLAKY – Get Free Report) posted its quarterly earnings data on Tuesday. The transportation company reported $1.47 EPS for the quarter, topping the consensus estimate of $0.82 by $0.65, Zacks reports. Deutsche Lufthansa had a return on equity of 5.74% and a net margin of 1.63%.
Deutsche Lufthansa Stock Up 2.9%
Shares of DLAKY stock opened at $8.29 on Tuesday. The company has a market capitalization of $9.97 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 0.55 and a beta of 0.97. Deutsche Lufthansa has a one year low of $7.82 and a one year high of $11.53. The company’s fifty day moving average price is $8.59 and its 200-day moving average price is $9.50. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.86 and a quick ratio of 0.78.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. Zacks Research downgraded Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 1st. Citigroup lowered shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, Deutsche Lufthansa presently has a consensus rating of “Reduce”.
Read Our Latest Report on DLAKY
About Deutsche Lufthansa
Deutsche Lufthansa AG is a Germany-based aviation group and the parent company of the Lufthansa Group. Its principal business is the transportation of passengers and cargo through a portfolio of airlines serving domestic, European and international markets. The group’s major passenger carriers include Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Discover Airlines.
In addition to scheduled passenger flights, the Lufthansa Group provides air cargo services through Lufthansa Cargo and aircraft maintenance, repair and overhaul services through Lufthansa Technik.
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