Telecom Argentina S.A. ADR (NYSE:TEO)’s traded shares stood at 0.31 million during the last session, with the company’s beta value hitting 0.97. At the close of trading, the stock’s price was $11.48, to imply an increase of 3.42% or $0.38 in intraday trading. The TEO share’s 52-week high remains $15.53, putting it -35.28% down since that peak but still an impressive 52.79% since price per share fell to its 52-week low of $5.42.
Telecom Argentina S.A. ADR (NYSE:TEO) trade information
After registering a 3.42% upside in the last session, Telecom Argentina S.A. ADR (TEO) has traded red over the past five days. The 5-day price performance for the stock is -0.95%, and -9.11% over 30 days. With these gigs, the year-to-date price performance is -8.82%.
The extremes give us $6.1 and $7.3 for target low and target high price respectively. As such, TEO has been trading 36.41% off suggested target high and 46.86% from its likely low.
Telecom Argentina S.A. ADR (TEO) estimates and forecasts
The rating firms project that company’s revenue will grow 13.04% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 991.65M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 1.02B.Earnings reports from the last fiscal year show that sales brought in 775.66M and 911.6M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 27.85% before jumping 11.62% in the following quarter.
TEO Dividends
Telecom Argentina S.A. ADR has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is RWC ASSET ADVISORS (US) LLC with 1.16 million shares, or about 0.2686% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $8.37 million.
We also have Global X Fds-Global X MSCI Argentina ETF and SEI Institutional Investment Tr-Emerging Markets Equity Fd as the top two Mutual Funds with the largest holdings of the Telecom Argentina S.A. ADR (TEO) shares. Going by data provided on Nov 30, 2024 , Global X Fds-Global X MSCI Argentina ETF holds roughly 1.84 shares. This is just over 1.47% of the total shares, with a market valuation of $21.17 million. Data from the same date shows that the other fund manager holds a little less at 220.72, or 0.18% of the shares, all valued at about 2.53 million.
