Deutsche Telekom (OTCMKTS:DTEGY) Downgraded to “Hold” Rating by Erste Group Bank

Deutsche Telekom (OTCMKTS:DTEGY) was downgraded by research analysts at Erste Group Bank from a “buy” rating to a “hold” rating in a research report issued on Friday.

A number of other research firms have also recently issued reports on DTEGY. Zacks Research raised shares of Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Citigroup reissued a “buy” rating on shares of Deutsche Telekom in a research report on Monday, April 20th. Finally, Wall Street Zen cut shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Deutsche Telekom currently has an average rating of “Hold”.

Deutsche Telekom Stock Performance

OTCMKTS DTEGY opened at $32.32 on Friday. The company has a market capitalization of $158.54 billion, a price-to-earnings ratio of 15.46, a PEG ratio of 0.81 and a beta of 0.31. Deutsche Telekom has a twelve month low of $30.31 and a twelve month high of $40.58. The stock has a fifty day simple moving average of $34.05 and a 200 day simple moving average of $34.23. The company has a quick ratio of 1.04, a current ratio of 1.12 and a debt-to-equity ratio of 1.07.

Deutsche Telekom (OTCMKTS:DTEGY) last issued its quarterly earnings results on Wednesday, May 13th. The utilities provider reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.45). Deutsche Telekom had a return on equity of 10.94% and a net margin of 7.38%.The business had revenue of $34.97 billion for the quarter, compared to analyst estimates of $33.14 billion. Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. Sell-side analysts expect that Deutsche Telekom will post 2.58 EPS for the current year.

About Deutsche Telekom

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.