Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Rating of “Reduce” from Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been assigned an average recommendation of “Reduce” from the seven analysts that are currently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a strong buy rating to the company.

A number of research firms recently weighed in on DLAKY. Citigroup downgraded Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Zacks Research cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 1st.

Deutsche Lufthansa Trading Down 0.8%

Shares of DLAKY opened at $8.87 on Friday. The business’s 50-day moving average price is $9.32 and its 200-day moving average price is $9.50. The stock has a market cap of $10.66 billion, a PE ratio of 13.24, a P/E/G ratio of 0.55 and a beta of 0.97. The company has a quick ratio of 0.78, a current ratio of 0.86 and a debt-to-equity ratio of 1.02. Deutsche Lufthansa has a twelve month low of $7.91 and a twelve month high of $11.53.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings data on Tuesday, August 4th. The transportation company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.21). The business had revenue of $12.84 billion for the quarter, compared to the consensus estimate of $12.76 billion. Deutsche Lufthansa had a net margin of 1.63% and a return on equity of 5.74%. On average, equities analysts forecast that Deutsche Lufthansa will post 0.99 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. GAMMA Investing LLC increased its position in Deutsche Lufthansa by 52.1% during the 2nd quarter. GAMMA Investing LLC now owns 13,943 shares of the transportation company’s stock valued at $159,000 after buying an additional 4,779 shares in the last quarter. Fulton Bank N.A. purchased a new position in shares of Deutsche Lufthansa during the second quarter valued at approximately $120,000. Finally, Sterling Capital Management LLC bought a new position in shares of Deutsche Lufthansa during the 1st quarter valued at $204,000.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a German aviation and transportation company that operates through the Lufthansa Group. Its principal business is the operation of passenger airlines serving domestic, European and international markets, with major hubs in Frankfurt and Munich and additional hubs across Europe.

The group’s airline portfolio includes Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Discover Airlines. It also provides air cargo services through Lufthansa Cargo, aircraft maintenance, repair and overhaul services through Lufthansa Technik, and travel-related loyalty and service offerings through businesses including Miles & More.

Deutsche Lufthansa was established in 1953, with flight operations beginning in 1955, following the postwar re-establishment of Germany’s national airline.