Deutsche Boerse (OTCMKTS:DBOEY) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Deutsche Boerse (OTCMKTS:DBOEY) issued its quarterly earnings data on Wednesday. The financial services provider reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02, Zacks reports. Deutsche Boerse had a net margin of 31.24% and a return on equity of 19.20%.

Deutsche Boerse Price Performance

OTCMKTS DBOEY traded down $0.96 on Wednesday, hitting $23.95. The stock had a trading volume of 340,948 shares, compared to its average volume of 493,146. The business’s fifty day moving average price is $25.39 and its 200 day moving average price is $26.53. The stock has a market cap of $44.01 billion, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 3.41 and a beta of 0.52. Deutsche Boerse has a 52-week low of $23.25 and a 52-week high of $33.52.

Analyst Ratings Changes

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

About Deutsche Boerse

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.