NYSEAMERICAN:TEUMPareteum Stock Price, Forecast & News

$0.57

+0.05 (+9.52 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$0.52

Now: $0.58▼

$0.58

50-Day Range N/A

52-Week Range

$0.29

Now: $0.58▼

$3.82

Volume2.96 million shs

Average Volume2.67 million shs

Market Capitalization$65.61 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Pareteum Corporation operates a communications cloud services platform in Europe and internationally. Its platform provides mobility, messaging, and security services and applications, with a single-sign-on, application program interface (API), and software development suite. The company's platform hosts integrated IT/back office and core network functionality for mobile network operators, as well as for enterprises to implement and leverage mobile communications solutions on a Software as a Service (Saas), PaaS, or IaaS basis. It also offers operational support system for channel partners with APIs for integration with third party systems, workflows for complex application orchestration, and customer support with branded portals and plug-ins for various other applications. In addition, the company provides software solutions, which layer over disparate fixed, mobile, and IP networks to enable the deployment of converged communication services and applications for enterprise communications and core telecommunications markets; and Wi-Fi access on mobile devices through its SaaS platform. Pareteum Corporation serves the markets of Internet of Things, mobile virtual network operators, smart cities, and application developers. The company was formerly known as Elephant Talk Communications Corp. and changed its name to Pareteum Corporation in November 2016. Pareteum Corporation is based in New York, New York.

Beat the Market (BTM) Rank^™

3.1 Analyst's Opinion

Consensus Rating
Pareteum has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.69, Pareteum has a potential upside of 541.3% from its current price of $0.58.
Amount of Analyst Coverage
Pareteum has received no research coverage in the past 90 days.

2.8 Community Rank

Outperform Votes
Pareteum has received 234 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Pareteum has received 185 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Pareteum has received 55.85% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Pareteum and other stocks. Vote “Outperform” if you believe TEUM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TEUM will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Pareteum does not currently pay a dividend.
Dividend Growth
Pareteum does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pareteum insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.18 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry Telecom Services

Sub-IndustryN/A

SectorCommunication Services

Current SymbolNYSEAMERICAN:TEUM

Previous SymbolNASDAQ:TEUM

CUSIPN/A

CIK1084384

Webwww.pareteum.com

Phone+1-212-9841096

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees138

Outstanding Shares114,100,000

Market Cap$65.61 million

Next Earnings DateN/A

OptionableNot Optionable

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Pareteum (NYSEAMERICAN:TEUM) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Pareteum?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pareteum in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Pareteum.

How were Pareteum's earnings last quarter?

Pareteum Corp (NYSEAMERICAN:TEUM) issued its quarterly earnings data on Tuesday, May, 7th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.02. The technology company had revenue of $23.04 million for the quarter, compared to analyst estimates of $20.90 million. View Pareteum's earnings history.

When did Pareteum's stock split? How did Pareteum's stock split work?

Pareteum shares reverse split before market open on Monday, February 27th 2017. The 1-25 reverse split was announced on Friday, February 17th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, February 24th 2017. An investor that had 100 shares of Pareteum stock prior to the reverse split would have 4 shares after the split.

What price target have analysts set for TEUM?

5 equities research analysts have issued 1-year target prices for Pareteum's shares. Their forecasts range from $0.75 to $9.00. On average, they anticipate Pareteum's share price to reach $3.69 in the next twelve months. This suggests a possible upside of 541.3% from the stock's current price. View analysts' price targets for Pareteum.

What are Wall Street analysts saying about Pareteum stock?

Here are some recent quotes from research analysts about Pareteum stock:

1. According to Zacks Investment Research, "Pareteum Corporation is a provider of mobile software defined network architecture platforms for the telecommunications industry. The company empowers Mobile Network Operators, Virtual Operators, Enablers and Aggregators with a full suite of applications, superior industry expertise and high quality customer service. Pareteum Corporation, formerly known as Elephant Talk Communications Corp., is based in New York. " (10/19/2019)
2. Maxim Group analysts commented, "Management preannounced 2Q19 results that will exceed consensus estimates for revenue of $26.2M and adjusted EBITDA of $4.1M." (6/28/2019)
3. Northland Securities analysts commented, "We recently spoke with a key customer that attributes much of its success to Pareteum, and sees the ability to scale to several million subscribers on the TEUM platform. Pareteum continues to add senior managers with deep software and comm experience, including the recent head of service delivery. Last week we hosted a management call as well. We believe TEUM continues to set conservative guidance." (6/18/2019)

Has Pareteum been receiving favorable news coverage?

Media headlines about TEUM stock have been trending very negative on Saturday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Pareteum earned a daily sentiment score of -3.1 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutPareteum.

Who are some of Pareteum's key competitors?

Some companies that are related to Pareteum include Zegona Communications (ZEG), Speedcast International (SDA), QSC (QSC), Over The Wire (OTW), Spirit Telecom (ST1), 5G Networks (5GN), Bigblu Broadband (BBB), Skyfii (SKF), VONEX (VN8), MGM Wireless (MWR), Beam Communications (BCC), Swift Media (SW1), Norwood Systems (NOR), Field Solutions (FSG) and Reverse (REF). View all competitors.

What other stocks do shareholders of Pareteum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pareteum investors own include NVIDIA (NVDA), Lululemon Athletica (LULU), Micron Technology (MU), Actinium Pharmaceuticals (ATNM), Roku (ROKU), Chesapeake Energy (CHK), New Age Beverages (NBEV), Acasti Pharma (ACST), Amplify Energy (AMPY) and Amplify Energy (AMPY).

Who are Pareteum's key executives?

Pareteum's management team includes the following people:

Mr. Bart Weijermars, Chief Strategy Officer & Interim CEO
Mr. Victor Bozzo, Co-Founder & Chief Commercial Officer (Age 52, Pay $1.01M)
Ms. Laura W. Thomas, Interim CFO & VP of Corp. Devel. (Age 64, Pay $181.05k)
Mr. Alexander Korff, Corp. Sec. & Compliance Officer (Age 38, Pay $134.32k)
Mr. Michael Bloom, Investor Relations Officer

What is Pareteum's stock symbol?

Pareteum trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "TEUM."

Who are Pareteum's major shareholders?

Pareteum's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.55%), Geode Capital Management LLC (1.82%), State Street Corp (1.73%), Russell Investments Group Ltd. (0.34%), Advisor Group Holdings Inc. (0.32%) and Bank of New York Mellon Corp (0.27%). View institutional ownership trends for Pareteum.

Which institutional investors are selling Pareteum stock?

TEUM stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG. View insider buying and selling activity for Pareteum.

Which institutional investors are buying Pareteum stock?

TEUM stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Advisor Group Holdings Inc., Russell Investments Group Ltd., Geode Capital Management LLC, JPMorgan Chase & Co., Wells Fargo & Company MN, State Street Corp, and Bank of New York Mellon Corp. View insider buying and selling activity for Pareteum.

How do I buy shares of Pareteum?

Shares of TEUM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Pareteum's stock price today?

One share of TEUM stock can currently be purchased for approximately $0.58.

How big of a company is Pareteum?

Pareteum has a market capitalization of $65.61 million. Pareteum employs 138 workers across the globe.

What is Pareteum's official website?

The official website for Pareteum is www.pareteum.com.

How can I contact Pareteum?

Pareteum's mailing address is 1185 Avenue of the Americas Fl 37, NEW YORK, NY 10036-2603, United States. The technology company can be reached via phone at +1-212-9841096.

This page was last updated on 6/6/2020 by MarketBeat.com Staff