NYSE:KORE KORE Group (KORE) Stock Price, News & Analysis → Has Trump Finally Gone Too Far? (From Insiders Exposed) (Ad) Free KORE Stock Alerts $0.63 -0.04 (-5.96%) (As of 06/14/2024 ET) Add Compare Share Share Today's Range$0.63▼$0.6950-Day Range$0.61▼$0.8452-Week Range$0.32▼$1.59Volume8,922 shsAverage Volume25,542 shsMarket Capitalization$52.50 millionP/E RatioN/ADividend YieldN/APrice Target$2.94 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get KORE Group alerts: Email Address KORE Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside365.9% Upside$2.94 Price TargetShort InterestHealthy0.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.45) to ($0.32) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.63 out of 5 starsComputer And Technology Sector353rd out of 587 stocksCommunication Services, Not Elsewhere Classified Industry4th out of 9 stocks 3.3 Analyst's Opinion Consensus RatingKORE Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageKORE Group has only been the subject of 1 research reports in the past 90 days.Read more about KORE Group's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.33% of the float of KORE Group has been sold short.Short Interest Ratio / Days to CoverKORE Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in KORE Group has recently decreased by 22.06%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldKORE Group does not currently pay a dividend.Dividend GrowthKORE Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KORE. Previous Next 1.9 News and Social Media Coverage News SentimentKORE Group has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.83 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for KORE Group this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added KORE Group to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KORE Group insiders have not sold or bought any company stock.Percentage Held by Insiders30.60% of the stock of KORE Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions57.45% of the stock of KORE Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about KORE Group's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for KORE Group are expected to grow in the coming year, from ($0.45) to ($0.32) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KORE Group is -0.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of KORE Group is -0.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioKORE Group has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about KORE Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Priority GoldBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...Get your free information kit NOW, before it's too late. About KORE Group Stock (NYSE:KORE)KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.Read More KORE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KORE Stock News HeadlinesJune 9, 2024 | americanbankingnews.comContrasting Globalstar (NYSE:GSAT) and KORE Group (NYSE:KORE)May 29, 2024 | msn.comTerrorism charge: Court discharges Miyetti Allah presidentMay 16, 2024 | finanznachrichten.deKORE Wireless: KORE Reports First Quarter 2024 ResultsMay 16, 2024 | msn.comKORE Group Holdings, Inc. (NYSE:KORE) Q1 2024 Earnings Call TranscriptMay 16, 2024 | finance.yahoo.comKore Group Holdings Inc (KORE) Q1 2024 Earnings Call Transcript Highlights: Strong Revenue ...May 15, 2024 | prnewswire.comKORE Reports First Quarter 2024 ResultsMay 14, 2024 | markets.businessinsider.comHere's what to expect from KORE Group's earningsMay 12, 2024 | forbes.com2024 Brings Worldwide Elections And New Supply Chain ChallengesMay 11, 2024 | msn.com‘It feels pointless sometimes’: As hospitals grow more corporate, fed-up doctors are pushing backMay 9, 2024 | finance.yahoo.comKORE to Report First Quarter 2024 Results on May 15, 2024May 3, 2024 | msn.comWhat to Know About Cannes (Other Than the Movies)May 1, 2024 | benzinga.comKOCH INDUSTRIES INC's Net WorthMay 1, 2024 | msn.comDemocrats cast aside worries of campus protests hurting BidenMay 1, 2024 | tmcnet.comReal Salt Lake Taps KORE to Enhance Partnership Management & MeasurementApril 29, 2024 | msn.comNadine Labaki named as jury member for Cannes Film Festival 2024April 29, 2024 | finanznachrichten.deKORE Group Holdings, Inc.: KORE Announces President and CEO TransitionApril 29, 2024 | marketwatch.comKORE Group President, CEO Romil Bahl ResignsApril 29, 2024 | markets.businessinsider.comKORE Group CEO Romil Bahl To Resign, Ronald Totton To Be Interim CEO; Stock DownApril 29, 2024 | prnewswire.comKORE Announces President and CEO TransitionApril 29, 2024 | yahoo.comLily Gladstone, Omar Sy, Eva Green on Cannes Competition JuryApril 26, 2024 | tmcnet.comENOC Group Partners with Loyyal to Enhance 'YES' Rewards Members' ExperienceApril 26, 2024 | bizjournals.comNew West Valley industrial building lands top sale price so far this yearApril 25, 2024 | finance.yahoo.comDan Cebula, Vice President for Connected Health at KORE, Appointed to Board of Directors for The Medical Alert Monitoring AssociationApril 15, 2024 | markets.businessinsider.comKORE Stock Earnings: Kore Group Holdings Misses EPS, Misses Revenue for Q4 2023April 15, 2024 | finance.yahoo.comKORE helps GoRout Tackle Communication Between Players and CoachesSee More Headlines Receive KORE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for KORE Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/15/2024Today6/16/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Communication services, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:KORE CUSIPN/A CIK1855457 Webwww.korewireless.com Phone877-710-5673FaxN/AEmployees600Year FoundedN/APrice Target and Rating Average Stock Price Target$2.94 High Stock Price Target$5.00 Low Stock Price Target$0.70 Potential Upside/Downside+365.9%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.88) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-167,040,000.00 Net Margins-57.97% Pretax Margin-59.44% Return on Equity-123.65% Return on Assets-14.99% Debt Debt-to-Equity Ratio13.25 Current Ratio1.37 Quick Ratio1.26 Sales & Book Value Annual Sales$276.61 million Price / Sales0.19 Cash Flow$0.72 per share Price / Cash Flow0.88 Book Value$0.45 per share Price / Book1.40Miscellaneous Outstanding Shares83,200,000Free Float57,739,000Market Cap$52.50 million OptionableNot Optionable Beta2.59 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Romil Bahl (Age 55)CEO, President & Director Comp: $1.05MMr. Tushar K. Sachdev (Age 51)CTO & Executive VP of Analytics Comp: $419.58kMr. Bryan A. Lubel (Age 60)Executive VP & GM of Global Industries Comp: $347.45kMr. Paul Holtz (Age 47)Executive VP, CFO, Treasurer, Principal Financial Officer & Principal Accounting Officer Mr. Rajesh GuptaSenior Vice President of CX & OperationsVik VijayvergiyaVice President of Investor RelationsMr. Jack William Kennedy Jr. (Age 48)Executive VP, Chief Legal Officer & Secretary Ms. Louise P. Winstone (Age 45)Executive VP & Chief HR Officer Mr. Steven JonesSenior Vice President of Carrier ManagementMr. Pete WestSenior Vice President of Sales - North AmericaMore ExecutivesKey CompetitorsTelesatNASDAQ:TSATMynaricNASDAQ:MYNABuzzFeedNASDAQ:BZFDuCloudlink GroupNASDAQ:UCLAnghamiNASDAQ:ANGHView All CompetitorsInsidersLouise P WinstoneSold 9,184 sharesTotal: $8,724.80 ($0.95/share)Twilio IncSold 5,000,000 sharesTotal: $2.85 M ($0.57/share)Romil BahlBought 2,514 shares on 11/21/2023Total: $1,508.40 ($0.60/share)Romil BahlBought 10,000 shares on 11/16/2023Total: $4,500.00 ($0.45/share)View All Insider Transactions KORE Stock Analysis - Frequently Asked Questions Should I buy or sell KORE Group stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KORE Group in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KORE shares. View KORE analyst ratings or view top-rated stocks. What is KORE Group's stock price target for 2024? 5 equities research analysts have issued twelve-month target prices for KORE Group's shares. Their KORE share price targets range from $0.70 to $5.00. On average, they predict the company's stock price to reach $2.94 in the next twelve months. This suggests a possible upside of 365.9% from the stock's current price. View analysts price targets for KORE or view top-rated stocks among Wall Street analysts. How have KORE shares performed in 2024? KORE Group's stock was trading at $0.9802 on January 1st, 2024. Since then, KORE shares have decreased by 35.6% and is now trading at $0.6310. View the best growth stocks for 2024 here. Are investors shorting KORE Group? KORE Group saw a drop in short interest during the month of May. As of May 31st, there was short interest totaling 85,500 shares, a drop of 22.1% from the May 15th total of 109,700 shares. Based on an average daily trading volume, of 36,800 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.3% of the shares of the stock are short sold. View KORE Group's Short Interest. When is KORE Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our KORE earnings forecast. How were KORE Group's earnings last quarter? KORE Group Holdings, Inc. (NYSE:KORE) issued its earnings results on Wednesday, May, 15th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.06. The company earned $75.98 million during the quarter, compared to the consensus estimate of $73.66 million. KORE Group had a negative trailing twelve-month return on equity of 123.65% and a negative net margin of 57.97%. What guidance has KORE Group issued on next quarter's earnings? KORE Group issued an update on its FY 2024 earnings guidance on Friday, May, 31st. The company provided EPS guidance of for the period. The company issued revenue guidance of $300.0 million-$305.0 million, compared to the consensus revenue estimate of $303.8 million. How do I buy shares of KORE Group? Shares of KORE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:KORE) was last updated on 6/16/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. 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