Analysts: less sales Freenet, relatively high dividend

Tomorrow the German Freenet will report its past quarters results. Over the current book year the total revenue will be 2,87 billion euros (consensus estimates). This is rather significant lower than 2017's revenue of 3,66 billion euros.

Historical revenues and results Freenet plus estimates 2018

The analysts expect for 2018 a net profit of 224 million euros. Most of the analysts anticipate on a profit per share of 1,75 euros. The PE-ratio therefore is 11,19.

Huge dividend Freenet

For this year most of the analysts expect a dividend of 1,67 euros per share. Thus the dividend yield equals 8,53 percent. The average dividend yield of the telecommunications companies is a low 1 percent.

Most recent target prices around 19 euros

The latest 3 recommendations for the telecommunications company were provided by Jefferies & Co., Goldman Sachs and Berenberg.

Freenet's market capitalization is based on the number of outstanding shares around 2,51 billion euros. The Freenet stock was the past 12 months quite unstable. Since last March the stock is 15 percent lower. This year the stock price moved between 16 and 27 euro. Since 2008 the stock price is almost 363 percent higher.

Historical stock prices Freenet period 2007-2018

On Friday the stock closed at 19,58 euros.

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.