News stories about Telecom Argentina (NYSE:TEO) have been trending somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Telecom Argentina earned a news impact score of 0.14 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 45.6919520187894 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Telecom Argentina (NYSE TEO) traded up $0.20 during midday trading on Friday, reaching $33.45. 242,287 shares of the company’s stock traded hands, compared to its average volume of 182,658. The company has a quick ratio of 0.84, a current ratio of 0.93 and a debt-to-equity ratio of 0.35. Telecom Argentina has a fifty-two week low of $20.51 and a fifty-two week high of $40.19. The stock has a market capitalization of $6,444.91, a price-to-earnings ratio of 14.67, a P/E/G ratio of 0.98 and a beta of 1.15.
Telecom Argentina (NYSE:TEO) last released its quarterly earnings results on Friday, December 1st. The utilities provider reported $0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.08. Telecom Argentina had a net margin of 11.60% and a return on equity of 31.15%. The business had revenue of $969.14 million for the quarter. analysts forecast that Telecom Argentina will post 2.3 EPS for the current year.
The company also recently declared a None dividend, which was paid on Thursday, February 22nd. Shareholders of record on Wednesday, February 14th were issued a $1.559 dividend. This is a positive change from Telecom Argentina’s previous None dividend of $1.22. This represents a yield of 0.0409508799579722%. The ex-dividend date was Tuesday, February 13th. Telecom Argentina’s payout ratio is currently 115.79%.
TEO has been the topic of several analyst reports. Zacks Investment Research raised shares of Telecom Argentina from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. Citigroup initiated coverage on shares of Telecom Argentina in a report on Monday, January 8th. They issued a “buy” rating and a $46.00 price target on the stock. Finally, HSBC lowered shares of Telecom Argentina from a “hold” rating to a “reduce” rating in a report on Thursday. One analyst has rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $36.75.
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Telecom Argentina Company Profile
Telecom Argentina SA provides fixed-line telecommunications services in Argentina, and also provides other telephone-related services, such as international long-distance service, data transmission, information technology solutions outsourcing and Internet services. The Company’s segments include Fixed Telecommunications Services (Fixed Services), Personal Mobile Telecommunications Services (Personal Mobile Services) and Nucleo Mobile Telecommunications Services (Nucleo Mobile Services).
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