Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Average Recommendation of “Strong Buy” from Brokerages

Deutsche Telekom AG (OTCMKTS:DTEGY) has been given an average recommendation of “Strong Buy” by the five brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and four have given a strong buy rating to the company.

A number of equities analysts recently weighed in on the stock. 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 upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.

Deutsche Telekom Price Performance

Shares of Deutsche Telekom stock opened at $35.82 on Friday. The stock has a market capitalization of $178.61 billion, a P/E ratio of 14.68, a PEG ratio of 1.35 and a beta of 0.65. The business has a 50 day simple moving average of $36.25 and a two-hundred day simple moving average of $33.20. Deutsche Telekom has a 12 month low of $23.16 and a 12 month high of $37.98. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.15 and a quick ratio of 1.08.

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

Deutsche Telekom Increases Dividend

The company also recently announced a dividend, which was paid on Monday, April 21st. Shareholders of record on Friday, April 11th were issued a $0.9731 dividend. This is a positive change from Deutsche Telekom’s previous dividend of $0.81. The ex-dividend date of this dividend was Friday, April 11th. Deutsche Telekom’s payout ratio is presently 77.05%.

About Deutsche Telekom

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.