OTCMKTS:TLTZY

Tele2 AB (publ) Stock Forecast, Price & News

$6.77

-0.15 (-2.17 %)

(As of 06/11/2021 12:00 AM ET)

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Today's Range

$6.77

▼

$6.80

50-Day Range

$6.39

▼

$7.12

52-Week Range

$5.83

▼

$7.49

Volume1,235 shs

Average Volume1,205 shs

Market Capitalization$9.04 billion

P/E Ratio11.47

Dividend Yield1.82%

Beta0.49

30 days | 90 days | 365 days | Advanced Chart

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About Tele2 AB (publ)

Tele2 AB (publ), a telecom operator, provides telecommunication services for residential and business customers. The company offers mobile voice telephony, handset data, and messaging services, as well as value-added services, such as handset insurance, antivirus, and content services; mobile broadband services; and fixed voice and broadband, TV, and fixed and mobile telephony services. It also provides business-to-business telecommunication services, such as secure and encrypted connections, company-specific mobile network access points, etc.; cloud services comprising voice switching, data center services, business productivity solutions, etc.; and Internet of things solutions, such as connectivity solutions, APN/VPN connections, SIM cards, professional services, and education and training services. It has operations in Sweden, Lithuania, Latvia, Estonia, and Germany. Tele2 AB (publ) was founded in 1993 and is based in Stockholm, Sweden.

Short Interest in Tele2 AB (publ) (OTCMKTS:TLTZY) Drops By 47.6%
June 13, 2021 | americanbankingnews.com

Tele2 AB (publ) (OTCMKTS:TLTZY) Given Consensus Rating of "Hold" by Brokerages
June 10, 2021 | americanbankingnews.com

Tele2 AB (publ) (OTCMKTS:TLTZY) Declares None Dividend of $0.13
June 9, 2021 | americanbankingnews.com

Short Interest in Tele2 AB (publ) (OTCMKTS:TLTZY) Decreases By 44.7%
May 29, 2021 | americanbankingnews.com

Nordic Choice Hotels Launches the Nordic Region's First 5G-connected Hotel in Collaboration with Tele2 and Speeron
May 25, 2021 | finance.yahoo.com

Tele2 Q1 core profit beats forecasts
April 22, 2021 | nasdaq.com

Tele2 (A) is about to announce earnings — here's what Wall Street expects
April 20, 2021 | markets.businessinsider.com

Here's what Wall Street expects from Tele2 (B)'s earnings
April 20, 2021 | markets.businessinsider.com

Tele2 and foodora accelerate testing of the 5G connected Q-commerce robot Doora
April 19, 2021 | finance.yahoo.com

Tele2 AB (publ) (TEL2-A.ST)
March 20, 2021 | ca.finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange OTCMKTS
Industry Telephone communication, except radio
Sub-IndustryN/A
SectorUtilities
Current SymbolOTCMKTS:TLTZY
Previous SymbolNASDAQ:TLTZY
CUSIPN/A
CIKN/A
Webwww.tele2.com
Phone460733414188
Employees4,695
Year FoundedN/A

Sales & Book Value

Annual Sales$2.89 billion
Price / Sales3.12
Cash Flow$0.70 per share
Price / Cash Flow9.61
Book Value$2.67 per share
Price / Book2.54

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares1,335,570,000
Market Cap$9.04 billion
Next Earnings Date7/21/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.48 out of 5 stars

Utilities Sector

81st out of 279 stocks

Telephone Communication, Except Radio Industry

17th out of 88 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Tele2 AB (publ).

2.4 Community Rank

Outperform Votes
Tele2 AB (publ) has received 176 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tele2 AB (publ) has received 195 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tele2 AB (publ) has received 52.56% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tele2 AB (publ) and other stocks. Vote “Outperform” if you believe TLTZY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TLTZY will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Tele2 AB (publ) pays a meaningful dividend of 1.82%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tele2 AB (publ) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tele2 AB (publ) is 22.81%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Tele2 AB (publ) will have a dividend payout ratio of 32.50% next year. This indicates that Tele2 AB (publ) will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tele2 AB (publ) insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.04% of the stock of Tele2 AB (publ) is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Tele2 AB (publ) are expected to grow by 14.29% in the coming year, from $0.35 to $0.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tele2 AB (publ) is 11.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tele2 AB (publ) is 11.47, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 26.71.
Price to Book Value per Share Ratio
Tele2 AB (publ) has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Tele2 AB (publ) (OTCMKTS:TLTZY) Frequently Asked Questions

Is Tele2 AB (publ) a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tele2 AB (publ) in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Tele2 AB (publ) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TLTZY, but not buy additional shares or sell existing shares.
View analyst ratings for Tele2 AB (publ) or view top-rated stocks.

What stocks does MarketBeat like better than Tele2 AB (publ)?

Wall Street analysts have given Tele2 AB (publ) a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Tele2 AB (publ) wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Tele2 AB (publ)?

Tele2 AB (publ) saw a drop in short interest in the month of May. As of May 28th, there was short interest totaling 1,100 shares, a drop of 47.6% from the May 13th total of 2,100 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is currently 0.5 days.
View Tele2 AB (publ)'s Short Interest.

When is Tele2 AB (publ)'s next earnings date?

Tele2 AB (publ) is scheduled to release its next quarterly earnings announcement on Wednesday, July 21st 2021.
View our earnings forecast for Tele2 AB (publ).

How has Tele2 AB (publ)'s stock price been impacted by COVID-19 (Coronavirus)?

Tele2 AB (publ)'s stock was trading at $6.9980 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TLTZY shares have decreased by 3.3% and is now trading at $6.77.
View which stocks have been most impacted by COVID-19.

How often does Tele2 AB (publ) pay dividends? What is the dividend yield for Tele2 AB (publ)?

Tele2 AB (publ) announced a None dividend on Monday, June 7th. Investors of record on Wednesday, June 30th will be paid a dividend of $0.128 per share on Tuesday, July 20th. The ex-dividend date of this dividend is Tuesday, June 29th.
View Tele2 AB (publ)'s dividend history.

Is Tele2 AB (publ) a good dividend stock?

Tele2 AB (publ) pays an annual dividend of $0.13 per share and currently has a dividend yield of 1.82%. The dividend payout ratio of Tele2 AB (publ) is 22.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tele2 AB (publ) will have a dividend payout ratio of 32.50% next year. This indicates that Tele2 AB (publ) will be able to sustain or increase its dividend.
View Tele2 AB (publ)'s dividend history.

Who are Tele2 AB (publ)'s key executives?

Tele2 AB (publ)'s management team includes the following people:

Mr. Kjell Morten Johnsen, Pres & Group CEO (Age 53)
Mr. Mikael Larsson, Exec. VP & Group CFO (Age 53)
Ms. Kim Hagberg, Exec. VP & Chief of Operations (Age 55)
Mr. Yogesh Malik, Exec. VP and Chief Technology & IT Officer (Age 49)
Mr. Marcus Lindberg, Head of Investor Relations
Mr. Stefan Backman, Exec. VP & Group Gen. Counsel (Age 46)
Joel Ibson, Head of Corp. Communications
Mr. Jonas Lundquist, Marketing Director
Ms. Karin Svensson, Exec. VP of People & Change (Age 56)
Mr. Jan Berntsson, Head of Audit

Who are some of Tele2 AB (publ)'s key competitors?

Some companies that are related to Tele2 AB (publ) include Orange (ORAN), Telstra (TLSYY), Swisscom (SCMWY), Telefónica (TEF), Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK), Telia Company AB (publ) (TLSNY), Lumen Technologies (LUMN), Advanced Info Service Public (AVIFY), Telefônica Brasil (VIV), The Liberty SiriusXM Group (LSXMA), Koninklijke KPN (KKPNY), Koninklijke KPN (KKPNF), The Liberty SiriusXM Group (LSXMK), KT (KT) and Spark New Zealand (SPKKY).
View all of TLTZY's competitors.

What is Tele2 AB (publ)'s stock symbol?

Tele2 AB (publ) trades on the OTCMKTS under the ticker symbol "TLTZY."

How do I buy shares of Tele2 AB (publ)?

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

What is Tele2 AB (publ)'s stock price today?

One share of TLTZY stock can currently be purchased for approximately $6.77.

How much money does Tele2 AB (publ) make?

Tele2 AB (publ) has a market capitalization of $9.04 billion and generates $2.89 billion in revenue each year. The company earns $807.47 million in net income (profit) each year or $0.57 on an earnings per share basis.

How many employees does Tele2 AB (publ) have?

Tele2 AB (publ) employs 4,695 workers across the globe.

What is Tele2 AB (publ)'s official website?

The official website for Tele2 AB (publ) is www.tele2.com.

Where are Tele2 AB (publ)'s headquarters?

Tele2 AB (publ) is headquartered at SKEPPSBRON 18 BOX 2094, STOCKHOLM V7, 103 13.

How can I contact Tele2 AB (publ)?

Tele2 AB (publ)'s mailing address is SKEPPSBRON 18 BOX 2094, STOCKHOLM V7, 103 13. The company can be reached via phone at 460733414188 or via email at [email protected]

This page was last updated on 6/13/2021 by MarketBeat.com Staff

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