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

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) gapped down prior to trading on Friday. The stock had previously closed at $30.26, but opened at $28.06. Deutsche Telekom shares last traded at $28.01, with a volume of 38,187 shares.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DTEGY. Sanford C. Bernstein downgraded shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Zacks Research downgraded Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Kepler Capital Markets lowered Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Thursday, August 27th. Finally, Citigroup restated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, July 13th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Deutsche Telekom Price Performance

The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 1.14. The company has a market cap of $132.24 billion, a PE ratio of 13.36, a P/E/G ratio of 0.67 and a beta of 0.33. The firm has a 50 day moving average of $32.22 and a two-hundred day moving average of $32.43.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. Deutsche Telekom had a return on equity of 11.20% and a net margin of 7.18%.The business had revenue of $34.53 billion during the quarter, compared to analysts’ expectations of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. Research analysts predict that Deutsche Telekom AG will post 2.63 earnings per share for the current fiscal year.

Deutsche Telekom Company Profile

Deutsche Telekom AG is a telecommunications and information technology company headquartered in Bonn, Germany. It provides mobile and fixed-line communications, broadband internet, digital services, and related network solutions to consumers, businesses, and public-sector organizations.

The company operates telecommunications businesses in Germany and several other European markets, while its U.S. operations are conducted primarily through T-Mobile US. Deutsche Telekom also serves multinational business customers through T-Systems, which provides information technology, cloud, digital transformation, connectivity, and cybersecurity services.

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