Analysts Set Expectations for Swisscom AG’s FY2019 Earnings (OTCMKTS:SCMWY)

Swisscom AG (OTCMKTS:SCMWY) – Stock analysts at Jefferies Financial Group issued their FY2019 earnings per share (EPS) estimates for shares of Swisscom in a report issued on Thursday, March 28th, Zacks Investment Research reports. Jefferies Financial Group analyst U. Rathe forecasts that the utilities provider will earn $3.00 per share for the year. Jefferies Financial Group also issued estimates for Swisscom’s FY2020 earnings at $3.07 EPS and FY2021 earnings at $3.16 EPS.

Swisscom (OTCMKTS:SCMWY) last issued its earnings results on Thursday, February 7th. The utilities provider reported $0.60 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.03). Swisscom had a return on equity of 18.74% and a net margin of 13.03%. The company had revenue of $3.04 billion for the quarter.

Several other equities analysts have also recently weighed in on the company. BNP Paribas assumed coverage on Swisscom in a report on Friday, January 11th. They set an “underperform” rating on the stock. Zacks Investment Research upgraded Swisscom from a “sell” rating to a “hold” rating in a report on Tuesday, April 2nd. Finally, UBS Group cut Swisscom from a “buy” rating to a “neutral” rating in a report on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Swisscom currently has an average rating of “Hold” and an average price target of $52.00.

SCMWY traded down $0.34 during midday trading on Monday, reaching $46.22. 13,342 shares of the company were exchanged, compared to its average volume of 11,240. Swisscom has a one year low of $43.02 and a one year high of $49.51. The stock has a market cap of $23.95 billion, a P/E ratio of 15.35 and a beta of 0.34.

The company also recently announced an annual dividend, which will be paid on Thursday, May 16th. Investors of record on Friday, April 5th will be given a $1.828 dividend. This represents a yield of 3.76%. The ex-dividend date of this dividend is Thursday, April 4th. Swisscom’s dividend payout ratio is presently 60.80%.

Swisscom Company Profile

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. The company operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. It offers broadband, TV, fixed-network, and mobile phone subscription services, as well as national and international telephone, and data traffic services for residential customers, and small and medium-sized enterprises.

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