Deutsche Lufthansa AG (OTCMKTS:DLAKY – Get Free Report) has received a consensus rating of “Reduce” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a strong buy rating on the company.
A number of equities research analysts recently commented on DLAKY shares. Citigroup cut shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Zacks Research downgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 1st.
Get Our Latest Stock Analysis on DLAKY
Deutsche Lufthansa Price Performance
Deutsche Lufthansa stock opened at $8.18 on Thursday. The company has a market cap of $9.83 billion, a P/E ratio of 12.21, a price-to-earnings-growth ratio of 0.57 and a beta of 0.97. Deutsche Lufthansa has a one year low of $7.84 and a one year high of $11.53. The business has a fifty day moving average of $8.77 and a two-hundred day moving average of $9.44. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.78 and a current ratio of 0.86.
Deutsche Lufthansa (OTCMKTS:DLAKY – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The transportation company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.21). The company had revenue of $12.84 billion for the quarter, compared to analyst estimates of $12.76 billion. Deutsche Lufthansa had a net margin of 1.63% and a return on equity of 5.74%. As a group, analysts predict that Deutsche Lufthansa will post 0.93 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Deutsche Lufthansa
A number of institutional investors have recently modified their holdings of DLAKY. Sterling Capital Management LLC acquired a new position in Deutsche Lufthansa in the 1st quarter valued at $204,000. Fulton Bank N.A. purchased a new position in shares of Deutsche Lufthansa during the 2nd quarter worth $120,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Deutsche Lufthansa by 52.1% during the second quarter. GAMMA Investing LLC now owns 13,943 shares of the transportation company’s stock worth $159,000 after purchasing an additional 4,779 shares during the last quarter.
About Deutsche Lufthansa
Deutsche Lufthansa AG is a Germany-based aviation group and the parent company of the Lufthansa Group. Its principal business is the transportation of passengers and cargo through a portfolio of airlines serving domestic, European and international markets. The group’s major passenger carriers include Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Discover Airlines.
In addition to scheduled passenger flights, the Lufthansa Group provides air cargo services through Lufthansa Cargo and aircraft maintenance, repair and overhaul services through Lufthansa Technik.
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