Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Northern Cyprus, Germany, and the Netherlands. It operates through Turkcell Turkey, Turkcell International, and Techfin segments. It offers work contact services consisting of mobile communications, fixed business internet and business phone, and customer loyalty and programs. The company provides digital business services comprising of uninterrupted access, cyber security, data center, internet of things, big data, e-transformation, technologies, and managed services, and cloud solutions. In addition, the company provides various devices, hardware, software, and financing solutions. Further, the company offers digital services comprising of search, invoice and TL services; and information, entertainment, and application services. Additionally, the company provides TV+, which enables subscribers to watch series and other TV contents whenever and wherever they want; fizy, a digital music platform; magazine holder, a magazine, and newspapers service, and yaani browser, a mobile application. Furthermore, the company offers BiP, an all-access communication service application; goals pocket, a news and goal videos application; and digital operator, a transactions and technology purchases application. The company provides home internet and TV services. The company was incorporated in 1993 and is headquartered in Istanbul, Turkey.
Wall Street Analyst Weigh In
TKC has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their target price on Turkcell Iletisim Hizmetleri A.S. from 22.10 to 22.55 and gave the stock a "neutral" rating in a report on Friday, July 15th. StockNews.com downgraded Turkcell Iletisim Hizmetleri A.S. from a "buy" rating to a "hold" rating in a report on Monday, August 1st. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company. According to MarketBeat, Turkcell Iletisim Hizmetleri A.S. currently has a consensus rating of "Hold" and an average target price of $22.55.
Turkcell Iletisim Hizmetleri A.S. Price Performance
Turkcell Iletisim Hizmetleri A.S. stock traded up $0.12 during midday trading on Monday, reaching $2.49. The company's stock had a trading volume of 540,129 shares, compared to its average volume of 556,794. Turkcell Iletisim Hizmetleri A.S. has a 52 week low of $2.33 and a 52 week high of $5.00. The company has a current ratio of 1.72, a quick ratio of 1.69 and a debt-to-equity ratio of 1.29. The business has a 50-day moving average price of $2.59 and a 200-day moving average price of $3.20. The stock has a market cap of $2.19 billion, a PE ratio of 4.79 and a beta of 0.65.
Turkcell Iletisim Hizmetleri A.S. Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 3rd. Shareholders of record on Wednesday, July 27th were given a $0.0826 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 13.27%. The ex-dividend date of this dividend was Tuesday, July 26th. Turkcell Iletisim Hizmetleri A.S.'s dividend payout ratio is presently 11.54%.