Deutsche Telekom (OTCMKTS:DTEGY) Downgraded by Zacks Research to Hold

Zacks Research downgraded shares of Deutsche Telekom (OTCMKTS:DTEGY) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks reports.

A number of other research firms have also weighed in on DTEGY. Kepler Capital Markets lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Erste Group Bank cut Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Citigroup reissued a “buy” rating on shares of Deutsche Telekom in a research report on Monday, July 13th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Deutsche Telekom Stock Performance

Shares of Deutsche Telekom stock opened at $32.72 on Monday. The business has a 50-day simple moving average of $31.72 and a 200 day simple moving average of $33.53. Deutsche Telekom has a one year low of $26.90 and a one year high of $40.58. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.18 and a quick ratio of 1.10. The firm has a market capitalization of $156.49 billion, a price-to-earnings ratio of 15.81, a PEG ratio of 0.73 and a beta of 0.34.

Deutsche Telekom (OTCMKTS:DTEGY) last released its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.67 EPS for the quarter, beating the consensus estimate of $0.66 by $0.01. Deutsche Telekom had a return on equity of 11.11% and a net margin of 7.18%.The firm had revenue of $34.53 billion during the quarter, compared to the consensus estimate of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. On average, research analysts anticipate that Deutsche Telekom will post 2.64 earnings per share for the current fiscal year.

About Deutsche Telekom

Deutsche Telekom AG is a telecommunications company headquartered in Bonn, Germany. The company provides mobile and fixed-line communications, broadband internet, digital television, and related technology services to consumers and businesses. Its consumer brands include Telekom in Germany and several European markets, while its U.S. operations are conducted through T-Mobile US.

Deutsche Telekom serves customers primarily in Germany, the United States, and other European countries. Its business activities include operating mobile and broadband networks, offering voice and data services, and providing communications, information technology, and cloud solutions to corporate and public-sector customers through its T-Systems division.

The company was established in 1995 following the privatization and restructuring of Germany’s former state-owned postal and telecommunications authority, Deutsche Bundespost.