Deutsche Telekom eyes taking majority of T-Mobile

  • T-Mobile (TMUS) has pared its worst declines of the day following a report that parent Deutsche Telekom (DTEGY) looking to boost its stake to a majority.
  • Handelsblatt is pointing to plans that Tim Hoettges will present on Deutsche Telekom 's Capital Markets Day Thursday - plans those saw reservations from Germany's government as well as labor representatives who are concerned about Europe being neglected as the U.S. business becomes dominant.
  • There's also concern about Deutsche Telekom 's debt levels. But Hoettges is winning over skeptics and the Supervisory Board with promises to deliver against both objections, according to the report.

    For this year the company, based in Bonn revenue will be around 106.44 billion euros. This is according to the average of the analysts' estimates. This is slightly more than 2020's revenue of 101 billion euros.

    Historical revenues and results Deutsche Telekom plus estimates 2020

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    The analysts expect for 2021 a net profit of 4.83 billion euros. According to most of the analysts the company will have a profit per share for this book year of 1.06 euros. Based on this the price/earnings-ratio is 15.65.

    Huge dividend Deutsche Telekom

    Per share the analysts anticipate on a dividend of 61 cents per share. The dividend yield is then 3.68 percent. The average dividend yield of the telecommunications companies is a relatively high 6.24 percent.

    Most recent target prices around 23 euros

    The latest 3 recommendations for the telecommunications company were provided by Barclays , Societe Generale and UBS .

    Based on the current number of shares Deutsche Telekom 's market capitalization equals 78.69 billion euros. The Deutsche Telekom stock was the past 12 months quite volatile. Since last May the stock is even 30 percent higher. This year the stock price moved between 13 and 17 euro.

    Historical stock prices Deutsche Telekom

    equity research deutschetelekom

    At 15.20 the stock trades 1.9 percent higher at 16.59 euros.

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