Turkcell Iletisim Hizmetleri A.S. ADR (NYSE: TKC) is -8.29% lower on its value in year-to-date trading and has touched a low of $5.49 and a high of $8.47 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 TKC stock was last observed hovering at around $6.08 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $5.97, the stock is -1.62% and -12.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing -1.81% at the moment leaves the stock -14.03% off its SMA200. TKC registered 8.94% gain for a year compared to 6-month gain of -4.17%. The firm has a 50-day simple moving average (SMA 50) of $6.789 and a 200-day simple moving average (SMA200) of $6.9445.
The stock witnessed a -20.93% loss in the last 1 month and extending the period to 3 months gives it a -12.21%, and is -2.61% down 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 2.47% over the week and 3.05% over the month.
Current P/E ratio is 12.30 and Fwd P/E is 5.16. Profit margin for the company is 8.86%. Distance from 52-week low is 8.74% and -29.52% from its 52-week high. The company has generated returns on investments over the last 12 months (6.26%).
The EPS is expected to grow by 84.08% this year, but quarterly earnings will post 18.81% year-over-year.
170.0 institutions hold shares in Turkcell Iletisim Hizmetleri A.S. ADR (TKC), with institutional investors hold 3.60% of the company’s shares. The shares outstanding are 871.64M, and float is at 871.63M with Short Float at 0.10%. Institutions hold 3.60% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 10.89 million shares valued at $82.57 million. The investor’s holdings represent 0.4988 of the TKC Shares outstanding. As of 2024-06-30, the second largest holder is MACQUARIE GROUP LTD with 4.79 million shares valued at $36.3 million to account for 0.2193 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.48 million shares representing 0.1136 and valued at over $18.8 million, while O’SHAUGHNESSY ASSET MANAGEMENT, LLC holds 0.0607 of the shares totaling 1.32 million with a market value of $10.04 million.
