Deutsche Bank Aktiengesellschaft (NYSE:DB) plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in areas the German lender hopes will bring steadier revenue streams. Deutsche Bank is in the middle of a major restructuring as it tries to shrink its investment bank that has struggled to generate sustainable profits since the 2008 financial crisis. The shake up is expected to lead to thousands of job cuts in areas like equities trading.
The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a Deutsche Bank Aktiengesellschaft (NYSE:DB) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price. Deutsche Bank Aktiengesellschaft (NYSE:DB) Diluted EPS is 0.01, whereas the EPS Estimate for next year is 0.83. The Annual EPS Growth of past 5 years is -15.10% and Deutsche Bank Aktiengesellschaft (NYSE:DB) yearly performance is -26.49% and net profit margin is 2.10%.
Key Performance indicators for Deutsche Bank Aktiengesellschaft (NYSE:DB), in last 4 months the performance of DB was -6.03% while its price to sale ratio is 0.54 and price to book ratio is 0.21. Company return on investment (ROI) is 3.90%.
On 28 June 2019, Deutsche Bank Aktiengesellschaft (NYSE:DB), a Financial sector firm, traded 7.62 Million shares in last trading session and stock increased 1.19% with closing price of $7.63 per share. with Deutsche Bank Aktiengesellschaft (NYSE:DB) traded 7.62 Million shares. The DB distance from 20 day simple moving average is 9.03% and distance from 50-Day simple moving average is 1.35%.The relative strength index for stock is 64.15 and Average true range of DB is 0.17.
Analyst’s mean target price for DB is $6.72. The Stock value has moved between $6.58 – 13.16 in last one year. DB market capitalization is 15417.48 with beta of 1.49. Company has 2.70% insider ownership.
Deutsche Bank Aktiengesellschaft (NYSE:DB) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 0 of Thomson Reuters analysts, 11 given HOLD rating to the stock and 8 given UNDERPERFORM rating. Buy rating has been given by 1 analysts to the company stock.