Deutsche Lufthansa (OTCMKTS:DLAKY)‘s stock had its “underperform” rating restated by research analysts at Credit Suisse Group in a research report issued to clients and investors on Tuesday, The Fly reports.
Several other equities research analysts also recently issued reports on DLAKY. Societe Generale restated a “sell” rating on shares of Deutsche Lufthansa in a report on Thursday, February 18th. UBS Group restated a “sell” rating on shares of Deutsche Lufthansa in a report on Monday, March 22nd. Commerzbank downgraded Deutsche Lufthansa from a “hold” rating to a “reduce” rating in a report on Wednesday, March 24th. Berenberg Bank reiterated a “sell” rating on shares of Deutsche Lufthansa in a report on Monday, March 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Deutsche Lufthansa in a report on Friday. Nine analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Sell” and a consensus target price of $16.00.
Deutsche Lufthansa stock traded up $0.22 during midday trading on Tuesday, hitting $13.31. 43,456 shares of the company were exchanged, compared to its average volume of 43,160. The company has a debt-to-equity ratio of 3.02, a current ratio of 0.62 and a quick ratio of 0.57. Deutsche Lufthansa has a fifty-two week low of $7.85 and a fifty-two week high of $15.56. The company’s fifty day moving average price is $13.28 and its 200-day moving average price is $12.42. The company has a market cap of $7.96 billion, a PE ratio of -1.08 and a beta of 1.44.
Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings data on Thursday, March 4th. The transportation company reported ($2.53) earnings per share (EPS) for the quarter. Deutsche Lufthansa had a negative return on equity of 60.12% and a negative net margin of 27.74%. The business had revenue of $3.09 billion for the quarter. On average, analysts expect that Deutsche Lufthansa will post -13.05 EPS for the current fiscal year.
A hedge fund recently raised its stake in Deutsche Lufthansa stock. Captrust Financial Advisors increased its stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 665.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,220 shares of the transportation company’s stock after buying an additional 1,930 shares during the quarter. Captrust Financial Advisors’ holdings in Deutsche Lufthansa were worth $29,000 at the end of the most recent quarter. 0.08% of the stock is currently owned by institutional investors and hedge funds.
About Deutsche Lufthansa
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company's Network Airlines segment offers passenger services through a route network of 273 destinations in 86 countries. Its Eurowings segment provides passenger services through a route network of more than 210 destinations in 60 countries.
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