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KT Corporation (KT) – Don’t Believe the Hype: Check The Facts

KT Corporation (NYSE: KT) is -13.11% lower on its value in year-to-date trading and has touched a low of $11.11 and a high of $15.23 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 KT stock was last observed hovering at around $11.78 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $15.46 for the next 12 months. It is also 56.05% off the consensus price target high of $26.69 offered by 13 analysts, but current levels are -2.45% lower than the price target low of $11.45 for the same period.

Currently trading at $11.73, the stock is 1.64% and 1.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing -0.42% at the moment leaves the stock -8.88% off its SMA200. KT registered -18.37% loss for a year compared to 6-month loss of -13.56%. The firm has a 50-day simple moving average (SMA 50) of $0.00 and a 200-day simple moving average (SMA200) of $0.00.

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The stock witnessed a 5.11% gain in the last 1 month and extending the period to 3 months gives it a -4.56%, and is 1.12% 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 0.98% over the week and 1.17% over the month.

KT Corporation (KT) has around 23371 employees, a market worth around $6.10B and $19.35B in sales. Current P/E ratio is 6.71. Profit margin for the company is 4.50%. Distance from 52-week low is 5.53% and -22.98% from its 52-week high. The company has generated returns on investments over the last 12 months (5.60%).

KT Corporation (KT) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for KT Corporation (KT) is a “Buy”. 13 analysts offering their recommendations for the stock have an average rating of 3.00, where 2 rate it as a Hold and 1 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.

The EPS is expected to shrink by -9.30% this year

KT Corporation (KT) Top Institutional Holders

The shares outstanding are 511.24M, and float is at 483.90M with Short Float at 0.27%.

KT Corporation (KT): Who are the competitors?

The company’s main competitors (and peers) include Sify Technologies Limited (SIFY) that is -38.31% lower over the past 12 months. Chunghwa Telecom Co. Ltd. (CHT) is -3.54% down on the 1-year trading charts.

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