Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) announced its quarterly earnings results on Thursday. The transportation company reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.23, Zacks reports. Deutsche Lufthansa had a net margin of 2.46% and a return on equity of 11.33%. The firm had revenue of $10.17 billion during the quarter, compared to analysts' expectations of $10.09 billion.
Deutsche Lufthansa Price Performance
Shares of Deutsche Lufthansa stock traded down $0.24 on Monday, hitting $8.44. 90,858 shares of the company traded hands, compared to its average volume of 125,748. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.17. The firm's 50-day simple moving average is $6.61 and its 200 day simple moving average is $6.72. Deutsche Lufthansa has a 12-month low of $5.69 and a 12-month high of $8.78. The company has a market cap of $10.11 billion, a P/E ratio of 10.17, a P/E/G ratio of 1.07 and a beta of 1.16.
Analyst Ratings Changes
A number of research firms have recently weighed in on DLAKY. Citigroup upgraded Deutsche Lufthansa from a "strong sell" rating to a "strong-buy" rating in a research report on Wednesday, January 8th. Sanford C. Bernstein raised Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy".
Get Our Latest Stock Analysis on Deutsche Lufthansa
About Deutsche Lufthansa
(
Get Free Report)
Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.
Read More
Before you consider Deutsche Lufthansa, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deutsche Lufthansa wasn't on the list.
While Deutsche Lufthansa currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
