SK Telecom Co.Ltd (NYSE: SKM) is -2.43% lower on its value in year-to-date trading and has touched a low of $18.26 and a high of $28.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SKM stock was last observed hovering at around $20.23 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $20.09, the stock is 2.38% and -1.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.65 million and changing -0.69% at the moment leaves the stock -5.07% off its SMA200. SKM registered -23.81% loss for a year compared to 6-month gain of 0.55%.
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The stock witnessed a -4.74% loss in the last 1 month and extending the period to 3 months gives it a -4.56%, and is 1.57% 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 1.62% over the week and 1.68% over the month.
SK Telecom Co.Ltd (SKM) has around 34847 employees, a market worth around $8.05B and $12.98B in sales. Current P/E ratio is 12.22. Profit margin for the company is 5.20%. Distance from 52-week low is 10.02% and -28.51% from its 52-week high. The company has generated returns on investments over the last 12 months (5.80%).
SK Telecom Co.Ltd (SKM) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for SK Telecom Co.Ltd (SKM) is a “Buy”. 20 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 4 think it is a “Overweight”. 15 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
SK Telecom Co.Ltd is expected to release its quarterly report on 05/09/2023.The EPS is expected to grow by 13.90% this year
SK Telecom Co.Ltd (SKM) Top Institutional Holders
The shares outstanding are 392.45M, and float is at 74.90M with Short Float at 2.02%.
SK Telecom Co.Ltd (SKM): Who are the competitors?
The company’s main competitors (and peers) include KT Corporation (KT) that is trading -13.77% down over the past 12 months and Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) that is -18.60% lower over the same period. PLDT Inc. (PHI) is -30.09% down on the 1-year trading charts.