Kyivstar Group (NASDAQ:KYIV) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Kyivstar Group has a “Moderate Buy” consensus rating from five covering brokerages, with three buys and two holds. The average 12-month price target is $16.625, versus the stock’s reported opening price of $12.90.
• Institutional investors including Goldman Sachs and Gordian Capital Singapore recently established new positions in the company, while several other investment firms also reported purchases.
• Kyivstar reported quarterly revenue of $334.66 million and EPS of $0.33, narrowly missing the $0.35 consensus estimate. Analysts expect full-year EPS of approximately $1.42.

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

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of KYIV. Caitong International Asset Management Co. Ltd bought a new position in Kyivstar Group during the fourth quarter valued at about $54,000. Rangeley Capital LLC purchased a new position in Kyivstar Group during the 1st quarter valued at about $101,000. Quadrature Capital Ltd bought a new stake in Kyivstar Group during the 4th quarter worth approximately $133,000. Goldman Sachs Group Inc. bought a new position in shares of Kyivstar Group in the fourth quarter worth $249,000. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Kyivstar Group in the 4th quarter valued at about $312,000.

Kyivstar Group Stock Performance

Shares of Kyivstar Group stock opened at $12.90 on Wednesday. The stock has a market cap of $2.98 billion and a price-to-earnings ratio of 19.55. Kyivstar Group has a twelve month low of $9.29 and a twelve month high of $16.55. The company's fifty day moving average is $14.21 and its 200 day moving average is $12.87. The company has a quick ratio of 1.25, a current ratio of 1.26 and a debt-to-equity ratio of 0.26.

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

Kyivstar Group Company Profile

Kyivstar Group NASDAQ: KYIV is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine's largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value‑added services.

For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine‑to‑machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.

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