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Deutsche Lufthansa (OTCMKTS:DLAKY – Get Free Report) posted its quarterly earnings results on Tuesday. The transportation company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.21), Zacks reports. Deutsche Lufthansa had a net margin of 3.83% and a return on equity of 13.46%.
Deutsche Lufthansa Price Performance
Shares of Deutsche Lufthansa stock opened at $10.71 on Tuesday. The business has a 50 day simple moving average of $10.32 and a two-hundred day simple moving average of $9.84. Deutsche Lufthansa has a 12 month low of $7.91 and a 12 month high of $11.53. The stock has a market capitalization of $12.87 billion, a P/E ratio of 7.14, a PEG ratio of 0.64 and a beta of 0.96. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.81 and a quick ratio of 0.73.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. Zacks Research upgraded Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Morgan Stanley cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 26th. Barclays downgraded Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Friday, May 8th. Finally, Citigroup cut shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.
Deutsche Lufthansa Company Profile
Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.
The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.
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