Short Interest in Deutsche Telekom AG (OTCMKTS:DTEGY) Decreases By 54.2%

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a large decline in short interest during 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 short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

DTEGY has been the topic of several recent research reports. Zacks Research upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Telekom in a report on Tuesday, July 21st. Finally, Erste Group Bank lowered Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Deutsche Telekom has an average rating of “Buy”.

Deutsche Telekom Price Performance

OTCMKTS:DTEGY opened at $33.16 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.18 and a quick ratio of 1.10. Deutsche Telekom has a one year low of $26.90 and a one year high of $40.58. The company has a fifty day moving average price of $30.86 and a 200 day moving average price of $33.81. The stock has a market cap of $162.66 billion, a P/E ratio of 16.02, a PEG ratio of 0.73 and a beta of 0.33.

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

Deutsche Telekom Company Profile

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.