Deutsche Telekom (OTCMKTS:DTEGY) Cut to “Hold” at Zacks Research

Deutsche Telekom (OTCMKTS:DTEGY) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday, Zacks reports.

Other research analysts have also issued reports about the stock. 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 restated a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Citigroup reaffirmed a “buy” rating on shares of Deutsche Telekom in a report on Monday, July 13th. Finally, Erste Group Bank downgraded Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Deutsche Telekom Stock Performance

Shares of DTEGY opened at $32.72 on Monday. Deutsche Telekom has a 1 year low of $26.90 and a 1 year high of $40.58. The company has a market cap of $156.49 billion, a price-to-earnings ratio of 15.81, a price-to-earnings-growth ratio of 0.73 and a beta of 0.34. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.10 and a current ratio of 1.18. The firm has a fifty day moving average of $31.72 and a 200-day moving average of $33.53.

Deutsche Telekom (OTCMKTS:DTEGY) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.66 by $0.01. Deutsche Telekom had a net margin of 7.18% and a return on equity of 11.11%. The business 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. As a group, equities analysts anticipate that Deutsche Telekom will post 2.64 earnings per share for the current year.

Deutsche Telekom Company Profile

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.