Kyivstar Group (NASDAQ:KYIV) Stock Has Consensus Target Price of $16.62

Key Points

• Analysts have a “Moderate Buy” consensus on Kyivstar Group, with three buy ratings and two holds; the average 12-month price target is $16.62 versus a recent share price of $12.51.
• Kyivstar’s latest quarterly results fell slightly short of expectations, with earnings per share of $0.33 versus the $0.35 consensus estimate, while revenue reached $334.66 million.
• The company has a $2.90 billion market capitalization and provides mobile, broadband, digital, cloud, cybersecurity, and enterprise technology services primarily in Ukraine.

Shares of Kyivstar Group (NASDAQ:KYIV - Get Free Report) have received an average recommendation of "Moderate Buy" from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $16.62.

Several analysts recently weighed in on the company. Wall Street Zen upgraded Kyivstar Group from a "hold" rating to a "buy" rating in a research report on Monday, June 15th. Benchmark reiterated a "buy" rating on shares of Kyivstar Group in a research report on Tuesday, August 4th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Kyivstar Group in a research note on Wednesday, August 5th.

Kyivstar Group Stock Down 0.6%

Shares of KYIV opened at $12.51 on Thursday. Kyivstar Group has a one year low of $9.29 and a one year high of $16.55. The company has a market cap of $2.90 billion, a P/E ratio of 18.95, a P/E/G ratio of 1.27 and a beta of 2.14. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.26 and a quick ratio of 1.25. The firm has a 50 day simple moving average of $13.29 and a two-hundred day simple moving average of $13.22.

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

Hedge Funds Weigh In On Kyivstar Group

A number of institutional investors have recently added to or reduced their stakes in KYIV. Caitong International Asset Management Co. Ltd bought a new stake in shares of Kyivstar Group during the fourth quarter worth $54,000. Rangeley Capital LLC bought a new position in shares of Kyivstar Group in the 1st quarter valued at $101,000. WINTON GROUP Ltd bought a new position in shares of Kyivstar Group in the 2nd quarter valued at $163,000. Yorkville Advisors Global LP acquired a new stake in shares of Kyivstar Group during the 1st quarter valued at $551,000. Finally, Maven Securities LTD acquired a new stake in shares of Kyivstar Group during the 4th quarter valued at $607,000.

About Kyivstar Group

Kyivstar Group Ltd. is a telecommunications and digital services company focused primarily on Ukraine. Through its Kyivstar operating business, the company provides mobile voice and data communications, fixed-line broadband internet, and related connectivity services to individual and business customers.

In addition to traditional telecommunications, Kyivstar offers digital products and services such as mobile applications, entertainment and content offerings, cloud and cybersecurity solutions, and other enterprise technology services.

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