Telecom Argentina S.A. ADR (NYSE: TEO) is -13.03% lower on its value in year-to-date trading and has touched a low of $5.42 and a high of $15.53 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 TEO stock was last observed hovering at around $10.81 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $10.95, the stock is 4.27% and -0.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 1.30% at the moment leaves the stock 10.26% off its SMA200. TEO registered 54.25% gain for a year compared to 6-month gain of 37.85%. The firm has a 50-day simple moving average (SMA 50) of $10.979 and a 200-day simple moving average (SMA200) of $10.0099.
The stock witnessed a 0.74% loss in the last 1 month and extending the period to 3 months gives it a -12.82%, and is 7.67% 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 8.69% over the week and 7.75% over the month.
Telecom Argentina S.A. ADR (TEO) has around 19987 employees, a market worth around $1.38B and $3.95B in sales. Current P/E ratio is 5.10. Profit margin for the company is 23.40%. Distance from 52-week low is 102.03% and -29.51% from its 52-week high. The company has generated returns on investments over the last 12 months (13.59%).
with sales reaching $991.65M over the same period.The EPS is expected to shrink by -133.49% this year, but quarterly earnings will post 31.51% year-over-year. Quarterly sales are estimated to grow 27.85% in year-over-year returns.
53.0 institutions hold shares in Telecom Argentina S.A. ADR (TEO), with institutional investors hold 7.25% of the company’s shares. The shares outstanding are 125.61M, and float is at 125.60M with Short Float at 0.92%. Institutions hold 7.24% of the Float.
The top institutional shareholder in the company is OAKTREE CAPITAL MANAGEMENT LP with over 3.02 million shares valued at $21.83 million. The investor’s holdings represent 0.7009 of the TEO Shares outstanding. As of 2024-06-30, the second largest holder is RWC ASSET ADVISORS (US) LLC with 1.16 million shares valued at $8.37 million to account for 0.2686 of the shares outstanding. The other top investors are MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. which holds 1.07 million shares representing 0.2488 and valued at over $7.75 million, while DISCERENE GROUP LP holds 0.1551 of the shares totaling 0.67 million with a market value of $4.83 million.
