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

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

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

Deutsche Telekom Stock Performance

Shares of DTEGY stock opened at $38.38 on Wednesday. The firm has a market capitalization of $191.38 billion, a P/E ratio of 14.65, a P/E/G ratio of 1.35 and a beta of 0.63. The company’s fifty day moving average price is $36.30 and its two-hundred day moving average price is $33.91. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.15 and a quick ratio of 1.08. Deutsche Telekom has a 12 month low of $23.28 and a 12 month high of $38.99.

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

Deutsche Telekom Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 21st. Shareholders of record on Friday, April 11th were paid a dividend of $0.9731 per share. 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%.

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.