Shares of Swisscom AG (OTCMKTS:SCMWY – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the eight brokerages that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation and five have issued a hold recommendation on the company.
Separately, Barclays reaffirmed an “underweight” rating on shares of Swisscom in a research note on Tuesday, August 18th.
Get Our Latest Stock Analysis on SCMWY
Swisscom Stock Down 0.7%
Shares of SCMWY stock opened at $86.98 on Thursday. Swisscom has a 12 month low of $68.01 and a 12 month high of $94.63. The stock has a market cap of $450.57 billion, a P/E ratio of 27.32, a P/E/G ratio of 2.15 and a beta of 0.30. The company has a current ratio of 0.62, a quick ratio of 0.77 and a debt-to-equity ratio of 0.97. The company has a 50 day simple moving average of $80.30 and a two-hundred day simple moving average of $82.61.
Swisscom (OTCMKTS:SCMWY – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The utilities provider reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.04). Swisscom had a net margin of 8.86% and a return on equity of 11.31%. The business had revenue of $4.57 billion for the quarter, compared to the consensus estimate of $4.41 billion. On average, research analysts expect that Swisscom will post 3.19 earnings per share for the current year.
Swisscom Company Profile
Swisscom AG is a telecommunications and information technology company headquartered in Switzerland. It provides mobile and fixed-line phone services, broadband internet, television and related digital services to residential and business customers. Its business offerings also include IT, cloud and cybersecurity solutions.
Swisscom serves customers in Switzerland and Italy. In Italy, it operates through Fastweb; following the integration of Vodafone Italia, the business operates under the Fastweb + Vodafone name.
The company was established in 1998 when Switzerland’s former federal telecommunications and postal organization was divided into separate entities.
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