United Internet (UDIRF) to Post Quarterly Earnings on Thursday

United Internet (OTCMKTS:UDIRF) is projected to announce its resultson Thursday, August 6th. Analysts expect the company to announce earnings of $0.2409 per share and revenue of $1.7013 billion for the quarter.

United Internet Price Performance

Shares of UDIRF stock opened at $27.34 on Thursday. The business has a 50-day moving average price of $27.34 and a two-hundred day moving average price of $27.34. United Internet has a 12-month low of $15.55 and a 12-month high of $28.48. The firm has a market cap of $5.25 billion, a P/E ratio of -80.40 and a beta of 0.12.

Analysts Set New Price Targets

UDIRF has been the subject of a number of recent research reports. Barclays upgraded United Internet from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of United Internet in a research note on Friday, May 22nd. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

United Internet Company Profile

United Internet AG is a Germany-based internet services company that operates a broad portfolio of consumer and business offerings. Founded in 1988 and headquartered in Montabaur, the company serves as an internet access provider through brands such as 1&1, 1&1 Drillisch and GMX. Its core activities include broadband and DSL connections, fiber-to-the-home services, and mobile communications under various regional trademarks. United Internet also runs a network of data centers across Europe, supporting the technical infrastructure for its access services.

In addition to connectivity, United Internet maintains a significant presence in web hosting and cloud services through its IONOS by 1&1 division.