Are Analysts Too Bullish On Deutsche Bank AG (DB)

Deutsche Bank AG (NYSE:DB) currently has a daily average trading volume of 1.49M but it saw 2290532 shares traded in last market. With a market cap of 36.49B USD, the company’s current market price of $18.77 came rising about 2.96 while comparing to the previous closing price of $18.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.24 and as low as $12.43. In the recent trading on the day, stock has struck highest price mark of $18.62 while lowest mark touched by it was $18.845.

Taking a look at 20-day trading activity of Deutsche Bank AG (DB) gives us an average price of $17.42, while its current price level is 2.91% below from 52-week high level whereas it is 51.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $17.24 while that of 200 days or SMA-200 reads an average of $16.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.71% during that period while stretching the period over a month that decreases to 1.53%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 72.48 which implies that the stock is in overbought territory.

Over the week, DB’s stock price is moving 7.75% up while it is 6.17% when we observe its performance for the past one month. Year-to-date it is 10.09% up and over the past year, the stock is showing an upside performance of 43.39%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $8.36B as analysts are expecting the sales for current fiscal year at $29.96B and seeing the company making $31.09B in sales next year. Moreover, analysts are in estimates of $7.12B for current-quarter revenue.

Currently, Deutsche Bank AG’s total number of outstanding shares is 1.94B with 8.10% of that held by the insiders while 50.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.00% and return on equity (ROE) at 6.10%. It has a price to earnings ratio (P/E ratio) of 9.08 while having a 6.48 of forward P/E ratio. Stock’s beta reads 1.20. Stock has a price to book (P/B) ratio of 0.50 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is 0.29% on average.