Deutsche Lufthansa (DLAKY) Projected to Post Quarterly Earnings on Thursday

Deutsche Lufthansa (OTCMKTS:DLAKY) is expected to post its quarterly earnings results on Thursday, March 6th. Analysts expect Deutsche Lufthansa to post earnings of $0.25 per share and revenue of $10.09 billion for the quarter.

Deutsche Lufthansa Stock Up 1.1 %

Deutsche Lufthansa stock opened at $7.10 on Thursday. The firm has a 50 day moving average price of $6.44 and a two-hundred day moving average price of $6.65. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.77 and a current ratio of 0.82. Deutsche Lufthansa has a 52-week low of $5.69 and a 52-week high of $8.16. The firm has a market cap of $8.51 billion, a price-to-earnings ratio of 8.55, a PEG ratio of 1.07 and a beta of 1.20.

Analyst Upgrades and Downgrades

DLAKY has been the topic of several recent analyst reports. Morgan Stanley upgraded shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a report on Tuesday, November 5th. Citigroup raised Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Finally, 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Deutsche Lufthansa has a consensus rating of “Buy”.

About Deutsche Lufthansa

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.