United Internet (OTCMKTS:UDIRF – Get Free Report) is projected to post its results before the market opens on 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
OTCMKTS UDIRF opened at $27.34 on Tuesday. United Internet has a 1 year low of $15.55 and a 1 year high of $28.48. The stock has a market capitalization of $5.25 billion, a PE ratio of -80.40 and a beta of 0.12. The company’s 50 day simple moving average is $27.34 and its two-hundred day simple moving average is $27.34.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the company. Barclays upgraded United Internet from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of United Internet in a report on Friday, May 22nd. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.
About United Internet
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.
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