Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Update

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 227,485 shares, a decline of 54.2% from the July 15th total of 497,145 shares. Based on an average daily volume of 1,296,837 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Deutsche Telekom Stock Performance

DTEGY traded up $0.28 during trading hours on Friday, reaching $33.16. The company’s stock had a trading volume of 338,973 shares, compared to its average volume of 611,776. Deutsche Telekom has a 52 week low of $26.90 and a 52 week high of $40.58. The company’s 50-day moving average is $30.86 and its 200-day moving average is $33.81. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.10 and a current ratio of 1.18. The firm has a market cap of $162.66 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 0.73 and a beta of 0.33.

Deutsche Telekom (OTCMKTS:DTEGY) last issued its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. The company had revenue of $34.53 billion during the quarter, compared to analysts’ expectations of $34.43 billion. Deutsche Telekom had a return on equity of 11.11% and a net margin of 7.18%.Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. On average, equities analysts forecast that Deutsche Telekom will post 2.63 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on DTEGY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Telekom in a research report on Tuesday, July 21st. Citigroup reaffirmed a “buy” rating on shares of Deutsche Telekom in a research report on Monday, July 13th. Zacks Research raised shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Finally, Erste Group Bank downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

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.