Kyivstar Group (KYIV) - What Are Investment Firms Thinking About This Stock?

Key Points

• Analyst sentiment is moderately positive: Kyivstar Group has a consensus “Moderate Buy” rating, with three buy recommendations and two holds. The average 12-month price target is $16.62 versus the reported share price of $12.93.
• Recent earnings slightly missed expectations: The company reported quarterly earnings of $0.33 per share, below the $0.35 consensus estimate, on revenue of $334.66 million. Analysts project full-year earnings of $1.42 per share.
• Institutional interest is growing: Several hedge funds and investment firms, including Renaissance Technologies, Oppenheimer and Yorkville Advisors, recently established positions in KYIV.

Kyivstar Group (NASDAQ:KYIV - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the five research firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $16.62.

Several equities research analysts have recently issued reports on KYIV shares. Weiss Ratings restated a "hold (c)" rating on shares of Kyivstar Group in a report on Wednesday, August 5th. Benchmark restated a "buy" rating on shares of Kyivstar Group in a report on Tuesday, August 4th.

Kyivstar Group Stock Performance

Kyivstar Group stock opened at $12.93 on Monday. Kyivstar Group has a fifty-two week low of $9.29 and a fifty-two week high of $16.55. The company has a 50 day moving average price of $13.07 and a 200-day moving average price of $12.88. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.25 and a current ratio of 1.26. The company has a market capitalization of $3.00 billion, a PE ratio of 19.59, a P/E/G ratio of 1.30 and a beta of 2.02.

Kyivstar Group (NASDAQ:KYIV - Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.02). Kyivstar Group had a return on equity of 24.71% and a net margin of 12.73%. The business had revenue of $334.66 million during the quarter. As a group, equities analysts forecast that Kyivstar Group will post 1.42 earnings per share for the current year.

Hedge Funds Weigh In On Kyivstar Group

Several institutional investors and hedge funds have recently bought and sold shares of KYIV. Rangeley Capital LLC bought a new stake in shares of Kyivstar Group during the first quarter valued at approximately $101,000. WINTON GROUP Ltd purchased a new stake in shares of Kyivstar Group in the second quarter worth about $163,000. Oppenheimer & Co. Inc. purchased a new position in shares of Kyivstar Group in the third quarter worth about $542,000. Yorkville Advisors Global LP acquired a new stake in shares of Kyivstar Group in the first quarter valued at $551,000. Finally, Renaissance Technologies LLC purchased a new stake in Kyivstar Group during the 1st quarter worth about $820,000.

Kyivstar Group Company Profile

Kyivstar Group Ltd. is a telecommunications company focused primarily on providing connectivity and digital services in Ukraine. Through its Kyivstar brand, the company offers mobile voice and data services, messaging, broadband internet, television and other communications products for consumer and business customers.

The company also provides enterprise telecommunications and digital solutions, including connectivity, cloud-related services and other technology offerings designed to support organizations.

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