Deutsche Telekom (OTCMKTS:DTEGY) Reaches New 1-Year High – Time to Buy?

Deutsche Telekom AG (OTCMKTS:DTEGY) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $37.98 and last traded at $37.51, with a volume of 335055 shares. The stock had previously closed at $36.95.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DTEGY. Hsbc Global Res lowered shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. One analyst has rated the stock with a hold rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Deutsche Telekom currently has a consensus rating of “Strong Buy”.

Deutsche Telekom Stock Performance

The stock has a 50 day simple moving average of $35.71 and a 200 day simple moving average of $32.23. The company has a quick ratio of 1.08, a current ratio of 1.15 and a debt-to-equity ratio of 1.04. The company has a market cap of $176.72 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 1.35 and a beta of 0.65.

Deutsche Telekom (OTCMKTS:DTEGY) last released its quarterly earnings results on Wednesday, February 26th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter. The firm had revenue of $33 billion for the quarter. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. As a group, analysts predict that Deutsche Telekom AG will post 1.86 EPS for the current year.

Deutsche Telekom Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, April 21st. Investors of record on Friday, April 11th will be issued a $0.9731 dividend. The ex-dividend date of this dividend is Friday, April 11th. This is a boost from Deutsche Telekom’s previous dividend of $0.81. Deutsche Telekom’s dividend payout ratio is currently 77.05%.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.