Kyivstar Group (NASDAQ:KYIV) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Kyivstar Group has a “Moderate Buy” consensus rating from five analysts, with three buys and two holds. The average 12-month price target is $16.625, above the reported share price of $13.61.
• Institutional investors, including Goldman Sachs and several asset managers, recently established new positions in the company.
• Kyivstar’s latest quarterly results fell slightly short of expectations, with EPS of $0.33 versus the $0.35 consensus estimate, while revenue reached $334.66 million.

Kyivstar Group (NASDAQ:KYIV - Get Free Report) has been given a consensus rating of "Moderate Buy" by the five ratings firms that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $16.6250.

A number of equities analysts have weighed in on KYIV shares. Wall Street Zen upgraded Kyivstar Group from a "hold" rating to a "buy" rating in a report on Monday, June 15th. Weiss Ratings reissued a "hold (c)" rating on shares of Kyivstar Group in a research report on Wednesday, August 5th. Benchmark restated a "buy" rating on shares of Kyivstar Group in a research note on Tuesday, August 4th. Finally, Morgan Stanley initiated coverage on shares of Kyivstar Group in a research note on Friday, June 5th. They issued an "equal weight" rating and a $17.00 target price for the company.

Institutional Trading of Kyivstar Group

Large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd purchased a new stake in Kyivstar Group during the 4th quarter worth approximately $54,000. Rangeley Capital LLC acquired a new stake in shares of Kyivstar Group during the 1st quarter valued at approximately $101,000. Quadrature Capital Ltd bought a new position in Kyivstar Group during the fourth quarter worth $133,000. WINTON GROUP Ltd acquired a new stake in shares of Kyivstar Group during the second quarter worth $163,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Kyivstar Group during the fourth quarter worth $249,000.

Kyivstar Group Stock Down 1.9%

Shares of Kyivstar Group stock opened at $13.61 on Friday. Kyivstar Group has a twelve month low of $9.29 and a twelve month high of $16.55. The stock has a market cap of $3.14 billion and a price-to-earnings ratio of 20.62. The company has a current ratio of 1.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.26. The company has a fifty day moving average price of $13.86 and a 200 day moving average price of $13.03.

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

About Kyivstar Group

Kyivstar Group Ltd. is a telecommunications and digital services company whose principal operating business is Kyivstar, one of Ukraine's leading communications providers. The company offers mobile voice and data services, fixed-line broadband, internet connectivity and related digital communications products for consumers, businesses and public-sector organizations.

Kyivstar also provides enterprise solutions, including connectivity, cloud and digital services, cybersecurity-related offerings and communications tools designed to support businesses.

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