KT (NYSE:KT - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Friday, May 23rd. Analysts expect the company to announce earnings of $0.79 per share and revenue of $4.99 billion for the quarter.
KT Price Performance
NYSE KT opened at $19.36 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.04 and a debt-to-equity ratio of 0.28. KT has a 12-month low of $13.11 and a 12-month high of $20.28. The company has a market capitalization of $9.98 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 0.37 and a beta of 0.68. The firm's 50 day moving average is $18.24 and its 200-day moving average is $17.16.
Hedge Funds Weigh In On KT
A hedge fund recently raised its stake in KT stock. Royal Bank of Canada boosted its stake in shares of KT Co. (NYSE:KT - Free Report) by 1.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,808 shares of the technology company's stock after purchasing an additional 1,078 shares during the quarter. Royal Bank of Canada's holdings in KT were worth $1,820,000 at the end of the most recent reporting period. 18.86% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group upgraded shares of KT from a "neutral" rating to a "buy" rating in a report on Monday, March 3rd. UBS Group assumed coverage on shares of KT in a report on Wednesday, February 19th. They set a "buy" rating on the stock. Finally, StockNews.com upgraded shares of KT from a "buy" rating to a "strong-buy" rating in a report on Monday.
Check Out Our Latest Research Report on KT
About KT
(
Get Free Report)
KT Corporation provides integrated telecommunications and platform services in Korea and internationally. The company offers mobile voice and data telecommunications services based on 5G, 4G LTE and 3G W-CDMA technology; fixed-line telephone services, including local, domestic long-distance, international long-distance, and voice over Internet protocol telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as fixed-line and leased line services, as well as broadband Internet connection services.
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