Turkcell Iletisim Hizmetleri A.S. ADR (NYSE: TKC) is -4.15% lower on its value in year-to-date trading and has touched a low of $5.66 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 $6.01 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $6.24, the stock is 0.39% and 2.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing 3.83% at the moment leaves the stock -6.30% off its SMA200. TKC registered -18.64% loss for a year compared to 6-month loss of -5.88%. The firm has a 50-day simple moving average (SMA 50) of $6.1084 and a 200-day simple moving average (SMA200) of $6.6593.
The stock witnessed a 8.90% gain in the last 1 month and extending the period to 3 months gives it a -14.05%, and is 0.81% 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 2.84% over the week and 2.13% over the month.
Current P/E ratio is 12.86 and Fwd P/E is 5.30. Profit margin for the company is 8.29%. Distance from 52-week low is 10.25% and -26.33% from its 52-week high. The company has generated returns on investments over the last 12 months (5.28%).
The EPS is expected to grow by 84.95% this year
167.0 institutions hold shares in Turkcell Iletisim Hizmetleri A.S. ADR (TKC), with institutional investors hold 3.93% of the company’s shares. The shares outstanding are 871.64M, and float is at 871.63M with Short Float at 0.20%. Institutions hold 3.93% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 10.89 million shares valued at $$82.57 million. The investor’s holdings represent 0.4992 of the TKC Shares outstanding. As of 2024-06-30, the second largest holder is MACQUARIE GROUP LTD with 4.79 million shares valued at $$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.
