Deutsche Bank AG [DB] stock is trading at $15.69, down -0.13%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DB shares have gain 2.75% over the last week, with a monthly amount glided 15.45%, and seem to be holding up well over a long-time horizon.
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Sponsored
On 23, February 2024, Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Lotus Technology Inc. In a post published today on Yahoo Finance, Deutsche Bank announced today its appointment as depositary bank for the American Depositary Receipt program of Lotus Technology Inc.
From an analyst’s perspective:
Deutsche Bank AG [NYSE: DB] stock has seen the most recent analyst activity on March 27, 2024, when Morgan Stanley upgraded its rating to a Overweight. Previously, Citigroup downgraded its rating to Neutral on January 31, 2024. Societe Generale downgraded its rating to a Hold. Citigroup upgraded its rating to a Buy. BofA Securities downgraded its rating to Underperform for this stock on February 13, 2023. In a note dated November 25, 2022, RBC Capital Mkts upgraded an Outperform rating on this stock.
Deutsche Bank AG [DB] stock has fluctuated between $9.82 and $15.97 over the past year. Currently, Wall Street analysts expect the stock to reach $14.87 within the next 12 months. Deutsche Bank AG [NYSE: DB] shares were valued at $15.69 at the most recent close of the market. An investor can expect a potential drop of -5.23% based on the average DB price forecast.
Analyzing the DB fundamentals
Deutsche Bank AG [NYSE:DB] reported sales of 64.21B for the trailing twelve months, which represents a growth of 53.15%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.06 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.93.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.63 points at the first support level, and at 15.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.73, and for the 2nd resistance point, it is at 15.77.
Deutsche Bank AG [DB] reported earnings per share of $0.74 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.34/share, meaning a difference of $0.4 and a surprise factor of 117.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.55 per share as compared to estimates of $0.57 per share, a difference of -$0.02 representing a surprise of -3.50%.
Ratios To Look Out For
For context, Deutsche Bank AG’s Current Ratio is 0.87. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 0.44 and price to earnings (TTM) ratio is 6.93.
