Deutsche Boerse (OTCMKTS:DBOEY) Issues Quarterly Earnings Results

Deutsche Boerse (OTCMKTS:DBOEY) announced its quarterly earnings data on Wednesday. The financial services provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01, Zacks reports. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.58 billion. Deutsche Boerse had a return on equity of 19.23% and a net margin of 32.32%.

Deutsche Boerse Stock Performance

Shares of OTCMKTS:DBOEY opened at $24.75 on Friday. The firm has a market cap of $45.49 billion, a price-to-earnings ratio of 20.29, a price-to-earnings-growth ratio of 3.26 and a beta of 0.52. The business has a 50-day simple moving average of $25.33 and a two-hundred day simple moving average of $26.50. Deutsche Boerse has a fifty-two week low of $23.25 and a fifty-two week high of $33.52.

Analysts Set New Price Targets

Several analysts recently issued reports on DBOEY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Boerse in a research report on Wednesday, January 21st. Kepler Capital Markets cut shares of Deutsche Boerse from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. raised Deutsche Boerse from a “neutral” rating to an “overweight” rating in a research report on Friday, November 28th. Finally, Cfra Research upgraded Deutsche Boerse to a “hold” rating in a report on Tuesday, October 28th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold”.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.