Mobile TeleSystems Public Joint Stock Company (NYSE: MBT) is -4.70% lower on its value in year-to-date trading and has touched a low of $6.20 and a high of $11.00 in the current 52-week trading range. The MBT stock was last observed hovering at around $9.34 in the last trading session, with the day’s gains setting it 0.02% off its average median price target of $710.09 for the next 12 months. It is also 98.88% off the consensus price target high of $833.61 offered by 15 analysts, but current levels are 98.49% higher than the price target low of $620.00 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
Currently trading at $9.36, the stock is 1.22% and 6.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.09 million and changing 0.21% at the moment leaves the stock 4.67% off its SMA200. MBT registered 3.90% gain for a year compared to 6-month loss of -2.39%. The firm has a 50-day simple moving average (SMA 50) of $9.06 and a 200-day simple moving average (SMA200) of $9.22.
The stock witnessed a 1.74% gain in the last 1 month and extending the period to 3 months gives it a 32.20%, and is 0.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.89% over the week and 2.28% over the month.
Mobile TeleSystems Public Joint Stock Company (MBT) has around 65102 employees, a market worth around $9.57B and $6.87B in sales. Current P/E ratio is 11.51 and Fwd P/E is 8.46. Profit margin for the company is 11.40%. Distance from 52-week low is 50.97% and -14.91% from its 52-week high. The company has generated returns on investments over the last 12 months (18.50%).
Mobile TeleSystems Public Joint Stock Company (MBT) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Mobile TeleSystems Public Joint Stock Company (MBT) is a “Overweight”. 15 analysts offering their recommendations for the stock have an average rating of 2.20, where 5 rate it as a Hold and 0 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Mobile TeleSystems Public Joint Stock Company is expected to release its quarterly report on 08/25/2020 and quarterly earnings per share for the current quarter are estimated at $0.18 with sales reaching $1.62B over the same period.The EPS is expected to shrink by -14.50% this year, but quarterly earnings will post 1.20% year-over-year. Quarterly sales are estimated to shrink -9.50% in year-over-year returns.
Mobile TeleSystems Public Joint Stock Company (MBT) Top Institutional Holders
382 institutions hold shares in Mobile TeleSystems Public Joint Stock Company (MBT), with institutional investors hold 34.72% of the company’s shares. The shares outstanding are 886.42M, and float is at 462.63M with Short Float at 1.49%. Institutions hold 34.72% of the Float.
The top institutional shareholder in the company is Renaissance Technologies, LLC with over 43.67 million shares valued at $331.88 million. The investor’s holdings represent 4.37% of the MBT Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 35.79 million shares valued at $271.98 million to account for 3.58% of the shares outstanding. The other top investors are Lazard Asset Management LLC which holds 31.14 million shares representing 3.12% and valued at over $236.68 million, while Vanguard Group, Inc. (The) holds 1.46% of the shares totaling 14.57 million with a market value of $110.7 million.
Mobile TeleSystems Public Joint Stock Company (MBT): Who are the competitors?
The company’s main competitors (and peers) include Vodafone Group Plc (VOD) that is trading -0.38% down over the past 12 months. Turkcell Iletisim Hizmetleri A.S. (TKC) is 10.56% up on the 1-year trading charts. Short interest in the company’s stock has risen 51.52% from the last report on Apr 29, 2020 to stand at a total of 3.35 million short shares sold with a short interest ratio of 1.76.