Deutsche Telekom (DTEGY) to Release Earnings on Wednesday

Deutsche Telekom (OTCMKTS:DTEGY) is projected to release its resultson Wednesday, May 13th. Analysts expect Deutsche Telekom to post earnings of $1.07 per share and revenue of $33.1440 billion for the quarter.

Deutsche Telekom Price Performance

Shares of OTCMKTS DTEGY opened at $31.90 on Wednesday. Deutsche Telekom has a fifty-two week low of $30.31 and a fifty-two week high of $40.58. The firm’s 50-day simple moving average is $36.23 and its 200 day simple moving average is $34.13. The company has a quick ratio of 1.04, a current ratio of 1.12 and a debt-to-equity ratio of 1.07. The stock has a market cap of $156.48 billion, a P/E ratio of 14.43, a P/E/G ratio of 0.83 and a beta of 0.30.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DTEGY. Wall Street Zen cut shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday, March 12th. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a research report on Monday, April 20th. Erste Group Bank raised Deutsche Telekom from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Finally, Zacks Research raised Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

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.