United Internet (UDIRF) Expected to Post Earnings on Thursday

United Internet (OTCMKTS:UDIRF) is anticipated to post its resultson Thursday, August 6th. Analysts expect United Internet to post earnings of $0.2409 per share and revenue of $1.7013 billion for the quarter.

United Internet Price Performance

Shares of UDIRF opened at $27.34 on Thursday. The stock has a market capitalization of $5.25 billion, a P/E ratio of -80.40 and a beta of 0.12. United Internet has a twelve month low of $15.55 and a twelve month high of $28.48. The firm has a fifty day simple moving average of $27.34 and a two-hundred day simple moving average of $27.34.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of United Internet in a research report on Friday, May 22nd. Barclays upgraded shares of United Internet from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, United Internet presently has an average rating of “Buy”.

About United Internet

United Internet AG is a Germany-based internet services company that operates a broad portfolio of consumer and business offerings. Founded in 1988 and headquartered in Montabaur, the company serves as an internet access provider through brands such as 1&1, 1&1 Drillisch and GMX. Its core activities include broadband and DSL connections, fiber-to-the-home services, and mobile communications under various regional trademarks. United Internet also runs a network of data centers across Europe, supporting the technical infrastructure for its access services.

In addition to connectivity, United Internet maintains a significant presence in web hosting and cloud services through its IONOS by 1&1 division.