Market Momentum: Deutsche Bank AG (DB) Registers a -1.16 Decrease, Closing at 28.91

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

Deutsche Bank AG (NYSE: DB) closed the day trading at $28.91 down -1.16% from the previous closing price of $29.25. In other words, the price has decreased by -$1.16 from its previous closing price. On the day, 2.56 million shares were traded. DB stock price reached its highest trading level at $29.235 during the session, while it also had its lowest trading level at $28.785.

Ratios:

For a better understanding of DB, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.23 whereas as Long-Term Debt/Eq ratio is at 1.94.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DB now has a Market Capitalization of 56107663360 and an Enterprise Value of -66690240512. As of this moment, Deutsche’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.21, and their Forward P/E ratio for the next fiscal year is 7.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at -2.301.

Stock Price History:

The Beta on a monthly basis for DB is 1.02, which has changed by 0.7352941 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, DB has reached a high of $30.50, while it has fallen to a 52-week low of $13.70. The 50-Day Moving Average of the stock is 3.96%, while the 200-Day Moving Average is calculated to be 35.02%.

Shares Statistics:

Over the past 3-months, DB traded about 3.54M shares per day on average, while over the past 10 days, DB traded about 2981780 shares per day. A total of 1.94B shares are outstanding, with a floating share count of 1.80B. Insiders hold about 7.05% of the company’s shares, while institutions hold 41.78% stake in the company. Shares short for DB as of 1749772800 were 7116348 with a Short Ratio of 2.01, compared to 1747267200 on 9446792. Therefore, it implies a Short% of Shares Outstanding of 7116348 and a Short% of Float of 0.37.

Dividends & Splits

DB’s forward annual dividend rate is 0.77, up from 0.68 a year ago. Against a Trailing Annual Dividend Yield of 0.023247864The stock’s 5-year Average Dividend Yield is 2.78. The current Payout Ratio is 35.98% for DB, which recently paid a dividend on 2024-05-17 with an ex-dividend date of 1747958400. Stock splits for the company last occurred on 2014-06-06 when the company split stock in a 1048:1000 ratio.

Earnings Estimates

The current rating of Deutsche Bank AG (DB) is the result of assessments by 1 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.9, with high estimates of $0.9 and low estimates of $0.9.

Analysts are recommending an EPS of between $3.57 and $3.57 for the fiscal current year, implying an average EPS of $3.57. EPS for the following year is $4.24, with 1.0 analysts recommending between $4.24 and $4.24.

Revenue Estimates

3 analysts predict $7.77B in revenue for the current quarter. It ranges from a high estimate of $7.89B to a low estimate of $7.59B. As of the current estimate, Deutsche Bank AG’s year-ago sales were $7.59BFor the next quarter, 3 analysts are estimating revenue of $7.67B. There is a high estimate of $7.88B for the next quarter, whereas the lowest estimate is $7.48B.

A total of 11 analysts have provided revenue estimates for DB’s current fiscal year. The highest revenue estimate was $32.12B, while the lowest revenue estimate was $30.88B, resulting in an average revenue estimate of $31.6B. In the same quarter a year ago, actual revenue was $30.09BBased on 11 analysts’ estimates, the company’s revenue will be $32.45B in the next fiscal year. The high estimate is $32.9B and the low estimate is $31.82B.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.