The stock of Deutsche Bank Aktiengesellschaft (NYSE:DB) increased by $0.12 on Wednesday to $10.85, up 1.12 percent. The last five days have seen an average of 1,577,211 shares of common stock traded. 11 times new highs were reached in the current year, with a fall of -$0.67. The average number of shares traded over the last 20 days was 1,717,903, while the average volume over the last 50 days totaled 2,102,903.
DB stock appreciated 1.12% since last month. On 09/06/23, the company’s shares reached a one-month low of $10.21. The stock touched a high of $13.57 on 02/01/23, after rallying from a low of $7.24 in 52 weeks. The price of DB stock has declined by -5.82% or -$0.67 this year, reaching a new high 11 times. Still, the stock price is down -20.04% from the 52-week high.
Valuation Metrics
Deutsche Bank Aktiengesellschaft (DB) has a trailing price-to-earnings (P/E) ratio of 4.44. Beta for the stock is 1.33. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.60, the price-to-book (PB) ratio of 0.30.
Company paid $0.3237 per share in dividends, an increase of 119.76% from $0.1473 last year. A $0.1765 dividend increase was reported on Friday February 3 2023.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 2.85, and the total debt to equity ratio is 2.85. Deutsche Bank Aktiengesellschaft’s operating margin stood at 37.00% for the same period. Based on annual data, it had gross profit of $14.73 billion and revenue of $25.76 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. DB’s return on assets (ROA) during the last 12 months has been 0.40%. There was a 4.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 6.90%.
Earnings Surprise
According to Deutsche Bank Aktiengesellschaft’s quarterly financial report for the quarter that ended June 29. It was predicted that Deutsche Bank Aktiengesellschaft’s quarterly earnings would be $0.58, but it ended up being $0.64, beating the consensus by -9.40%. At the end of Deutsche Bank Aktiengesellschaft’s most recent quarter ended June 29, its total debt was $454.68 billion.
Technical Picture
Here’s a quick look at Deutsche Bank Aktiengesellschaft’s (DB) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 55.39%, suggesting the stock is Neutral, with a 21.16% historical volatility rate.
The stochastic %K and %D were 59.77% and 61.73% respectively, while the average true range (ATR) was 0.19. Based on the 14-day stochastic reading of 76.33%, the RSI (14) reading is 53.02%. On the 9-day MACD Oscillator, the stock is at 0.04, and the 14-day reading is at 0.11.
Analyst Ratings
Deutsche Bank Aktiengesellschaft (NYSE: DB) was downgraded by Societe Generale to a a Hold rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Deutsche Bank Aktiengesellschaft (DB) an Overweight rating. DB is a stock that is recommended for selling by 1 brokerage firm, while 10 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 7 others recommend it as a buy.
What is DB’s price target for the next 12 months?
The current consensus forecast for the stock is between $10.77 and $21.24, with a median target price of $12.89. In analyzing these forecasts, the average price target given by analysts for Deutsche Bank Aktiengesellschaft (DB) is $14.62.
