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

Deutsche Telekom AG (OTCMKTS:DTEGY) shares gapped down before the market opened on Friday . The stock had previously closed at $33.10, but opened at $31.18. Deutsche Telekom shares last traded at $31.09, with a volume of 50,146 shares changing hands.

Analyst Ratings Changes

A number of research analysts have recently issued reports on DTEGY shares. Erste Group Bank lowered Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Kepler Capital Markets lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, July 13th. Finally, Zacks Research cut Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Deutsche Telekom Stock Performance

The company has a market cap of $148.55 billion, a price-to-earnings ratio of 15.00, a P/E/G ratio of 0.73 and a beta of 0.34. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.03 and a quick ratio of 0.96. The firm has a fifty day simple moving average of $32.30 and a 200 day simple moving average of $33.22.

Deutsche Telekom (OTCMKTS:DTEGY) last released its earnings results on Thursday, August 6th. The utilities provider reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. Deutsche Telekom had a net margin of 7.18% and a return on equity of 11.20%. The firm had revenue of $34.53 billion during the quarter, compared to analyst estimates of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. On average, sell-side analysts expect that Deutsche Telekom AG will post 2.63 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.