OTCMKTS:TLTZY

Tele2 AB (publ) Stock Forecast, Price & News

$7.12

+0.08 (+1.14 %)

(As of 04/22/2021 12:00 AM ET)

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Today's Range

$7.10

Now: $7.12▼

$7.27

50-Day Range

$6.37

MA: $6.80▼

$7.12

52-Week Range

$5.83

Now: $7.12▼

$7.49

Volume5,372 shs

Average Volume4,440 shs

Market Capitalization$9.51 billion

P/E Ratio21.58

Dividend Yield1.14%

Beta0.53

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.

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

Employees4,528

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.80

Current Ratio0.65

Quick Ratio0.60

Price-To-Earnings

Trailing P/E Ratio21.58

Forward P/E Ratio20.94

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.93 billion

Price / Sales3.25

Cash Flow$0.69 per share

Price / Cash Flow10.27

Book Value$2.68 per share

Price / Book2.66

Profitability

EPS (Most Recent Fiscal Year)$0.20

Net Income$529.32 million

Net Margins4.94%

Return on Equity11.80%

Return on Assets5.09%

Miscellaneous

Outstanding Shares1,335,566,000

Market Cap$9.51 billion

Next Earnings DateN/A

OptionableNot Optionable

Headlines

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

Comparing Tele2 AB (publ) (OTCMKTS:TLTZY) and Telefônica Brasil (NYSE:VIV)
April 15, 2021 | americanbankingnews.com

Tele2 AB (publ) (OTCMKTS:TLTZY) Rating Reiterated by JPMorgan Chase & Co.
April 14, 2021 | americanbankingnews.com

Jefferies Financial Group Comments on Tele2 AB (publ)'s FY2023 Earnings (OTCMKTS:TLTZY)
April 14, 2021 | americanbankingnews.com

Tele2 AB (publ) (OTCMKTS:TLTZY) Receives Consensus Recommendation of "Hold" from Brokerages
April 14, 2021 | americanbankingnews.com

Tele2 AB (publ) (OTCMKTS:TLTZY) Forecasted to Post FY2023 Earnings of $0.43 Per Share
April 12, 2021 | americanbankingnews.com

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

Tele2 and foodora in a new collaboration on self-driving home deliveries
March 11, 2021 | finance.yahoo.com

Tele2 Extends Partnership with Optiva
March 4, 2021 | markets.businessinsider.com

UPDATE 1-Sweden's Tele2 sees earnings growth in 2021 after narrow Q4 profit beat
February 2, 2021 | reuters.com

Tele2 Q4 profit beats forecast
February 2, 2021 | reuters.com

Sweden's Tele2 sees earnings growth in 2021 after narrow Q4 profit beat
February 2, 2021 | nasdaq.com

Tele2 (B) earnings preview: what to expect
January 31, 2021 | markets.businessinsider.com

Sweden's Tele2 picks Nokia for 5G core network
January 11, 2021 | msn.com

Ziggo Financing Partnership -- Moody's announces completion of a periodic review of ratings of VodafoneZiggo Group B.V.
December 21, 2020 | finance.yahoo.com

Klövern AB (publ): Klövern acquires a property and signs a land allocation agreement in Söderstaden in Stockholm
November 9, 2020 | finanznachrichten.de

Tele2 AB (TLTZF) CEO Kjell Morten Johnsen on Q3 2020 Results - Earnings Call Transcript
October 20, 2020 | seekingalpha.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.06 out of 5 stars

Utilities Sector

121st out of 279 stocks

Telephone Communication, Except Radio Industry

35th out of 89 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 171 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tele2 AB (publ) has received 191 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tele2 AB (publ) has received 52.76% “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.

1.7 Dividend Strength

Dividend Yield
Tele2 AB (publ) has a dividend yield of 1.14%, which is in 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 40.00%. 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 24.24% 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 0.02% of the stock of Tele2 AB (publ) is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Tele2 AB (publ) are expected to decrease by -2.94% in the coming year, from $0.34 to $0.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tele2 AB (publ) is 21.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tele2 AB (publ) is 21.58, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 31.52.
Price to Book Value per Share Ratio
Tele2 AB (publ) has a P/B Ratio of 2.66. 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

$7.12

+0.08 (+1.14 %)

(As of 04/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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

Is Tele2 AB (publ) a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tele2 AB (publ) in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Tele2 AB (publ) stock.
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 "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Tele2 AB (publ) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were Tele2 AB (publ)'s earnings last quarter?

Tele2 AB (publ) (OTCMKTS:TLTZY) released its quarterly earnings results on Tuesday, February, 2nd. The company reported $0.38 earnings per share (EPS) for the quarter. The business had revenue of $799.80 million for the quarter. Tele2 AB (publ) had a net margin of 4.94% and a trailing twelve-month return on equity of 11.80%.
View Tele2 AB (publ)'s earnings history.

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

Tele2 AB (publ)'s stock was trading at $6.9980 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TLTZY stock has increased by 1.7% and is now trading at $7.12.
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 dividend on Saturday, March 13th. Investors of record on Monday, April 26th will be given a dividend of $0.6729 per share on Friday, May 14th. This represents a dividend yield of 10.85%. The ex-dividend date is Friday, April 23rd.
View Tele2 AB (publ)'s dividend history.

Is Tele2 AB (publ) a good dividend stock?

Tele2 AB (publ) pays an annual dividend of $0.08 per share and currently has a dividend yield of 1.14%. The dividend payout ratio of Tele2 AB (publ) is 40.00%. 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 24.24% 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 48)
Mr. Marcus Lindberg, Head of Investor Relations
Mr. Stefan Backman, Exec. VP, Group Gen. Counsel & Director of Wholesale Bus. (Age 46)
Joel Ibson, Head of Corp. Communications
Mr. Jonas Lundquist, Marketing Director
Ms. Karin Svensson, Exec. VP and Chief 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), Singapore Telecommunications (SGAPY), Swisscom (SCMWY), Telenor ASA (TELNY), Telefónica (TEF), Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK), Telia Company AB (publ) (TLSNY), Advanced Info Service Public (AVIFY), The Liberty SiriusXM Group (LSXMA), Koninklijke KPN (KKPNF), Koninklijke KPN (KKPNY), Lumen Technologies (LUMN), Telefônica Brasil (VIV) and The Liberty SiriusXM Group (LSXMK).
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 $7.12.

How much money does Tele2 AB (publ) make?

Tele2 AB (publ) has a market capitalization of $9.51 billion and generates $2.93 billion in revenue each year. The company earns $529.32 million in net income (profit) each year or $0.20 on an earnings per share basis.

How many employees does Tele2 AB (publ) have?

Tele2 AB (publ) employs 4,528 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 4/22/2021 by MarketBeat.com Staff

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