Deutsche Telekom (OTCMKTS:DTEGY) Shares Gap Up – Here’s Why

Deutsche Telekom AG (OTCMKTS:DTEGY)’s share price gapped up before the market opened on Monday . The stock had previously closed at $30.83, but opened at $32.30. Deutsche Telekom shares last traded at $32.45, with a volume of 51,377 shares changing hands.

Analyst Upgrades and Downgrades

DTEGY has been the subject of a number of recent research reports. Zacks Research upgraded Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Erste Group Bank lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Citigroup reaffirmed a “buy” rating on shares of Deutsche Telekom in a report on Monday, July 13th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Deutsche Telekom Stock Down 0.8%

The company has a quick ratio of 1.10, a current ratio of 1.18 and a debt-to-equity ratio of 1.11. The company has a fifty day simple moving average of $30.92 and a 200-day simple moving average of $33.76. The firm has a market cap of $157.90 billion, a P/E ratio of 15.40, a price-to-earnings-growth ratio of 0.79 and a beta of 0.33.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.62 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.45). The company had revenue of $34.97 billion during the quarter, compared to the consensus estimate of $33.14 billion. Deutsche Telekom had a return on equity of 10.86% and a net margin of 7.38%.Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. On average, equities analysts anticipate that Deutsche Telekom AG will post 2.58 earnings per share for the current year.

About Deutsche Telekom

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.