Swisscom AG (OTCMKTS:SCMWY) Receives Consensus Recommendation of “Reduce” from Analysts

Swisscom AG (OTCMKTS:SCMWY) has been given an average rating of “Reduce” by the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company.

SCMWY has been the topic of several analyst reports. BNP Paribas Exane lowered shares of Swisscom from an “outperform” rating to a “hold” rating in a report on Tuesday, April 14th. New Street Research lowered shares of Swisscom from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 25th. UBS Group lowered shares of Swisscom from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Swisscom in a report on Thursday, April 23rd.

Swisscom Stock Performance

Shares of OTCMKTS:SCMWY opened at $82.26 on Monday. The firm has a market cap of $426.12 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 2.01 and a beta of 0.26. The firm’s 50 day simple moving average is $85.07 and its 200-day simple moving average is $81.81. Swisscom has a one year low of $68.01 and a one year high of $94.63. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.77 and a current ratio of 0.77.

Swisscom (OTCMKTS:SCMWY) last issued its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.08). The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.67 billion. Swisscom had a return on equity of 10.63% and a net margin of 8.30%. As a group, equities analysts predict that Swisscom will post 3.19 EPS for the current year.

Swisscom Company Profile

Swisscom AG is Switzerland’s leading telecommunications provider, offering a broad range of consumer and business communications services. Its core activities include mobile and fixed-line telephony, broadband internet, and digital television for residential customers, together with comprehensive information and communications technology (ICT) solutions for corporate and public-sector clients. The company also develops and markets cloud computing, data center, IoT and cybersecurity services, and supplies wholesale network access to other operators and service providers.

Swisscom’s origins lie in the Swiss state telecommunications system; over time it evolved from a government monopoly into a partly privatized joint-stock company while remaining majority-owned by the Swiss Confederation.